EV
Geely-backed electric drive system supplier InfiMotion closes Series A financing
Geely-backed electric drive system supplier InfiMotion closes Series A financing

Chinese auto parts supplier InfiMotion Technology announced its Series A financing round had been closed on March 26. Led by China Structural Reform Fund, the fresh round raised for the company hundreds of millions of yuan.

Mar. 29 , 2024
Joyson Electronics’ annual revenues grow 12% YoY in 2023
Joyson Electronics’ annual revenues grow 12% YoY in 2023

In 2023, Ningbo Joyson Electronic Corp. continued its robust growth across various business sectors, achieving annual revenues of roughly 55.7 billion yuan, marking a year-on-year (YoY) growth of around 12%.

Mar. 28 , 2024
CATL, Yutong Group co-launch new battery with 15-year service life
CATL, Yutong Group co-launch new battery with 15-year service life

Yutong Group announced it has joined hands with CATL to launch a long-life battery capable of working 15 years and traveling up to 1.5 million kilometers.

Mar. 28 , 2024
BYD scores year-on-year leap in 2023 revenue, profit
BYD scores year-on-year leap in 2023 revenue, profit

On March 27, BYD Company Limited announced its annual financial results for the year ended Dec. 31, 2023, showcasing a remarkable year-on-year growth in both revenue and profit.

Mar. 27 , 2024
NIO Energy, Geely team up in EV charging field
NIO Energy, Geely team up in EV charging field

On March 27, Zhejiang Geely Holding Group Automobile Sales Co., Ltd. officially signed an open platform cooperation agreement with Wuhan NIO Energy Co., Ltd., according to a post on Geely Auto's Weibo account.

Mar. 27 , 2024
Geely Galaxy’s first all-electric SUV model named Galaxy E5
Geely Galaxy’s first all-electric SUV model named Galaxy E5

On March 26, Geely's new energy vehicle range Galaxy announced its first all-electric SUV model has been named the Galaxy E5. Alongside this unveiling, the company also shared a series of camouflaged vehicle images.

Mar. 27 , 2024