EV
GAC Group to support GAC Hino in NEV transition through equity adjustment
GAC Group to support GAC Hino in NEV transition through equity adjustment

GAC Group, in conjunction with Guangzhou Qingyun New Energy Technology Investment Partnership Enterprise (Limited Partnership), plans to acquire 39.72% and 5.45% equity stakes in GAC Hino, respectively, from Hino Motors.

Jan. 25 , 2024
SGMW eyes 700,000 units of annual new energy vehicle output, sales in 2024
SGMW eyes 700,000 units of annual new energy vehicle output, sales in 2024

SAIC-GM-Wuling ("SGMW") recently revealed via its WeChat account its ambitious goal to manufacture and sell 700,000 new energy vehicles in 2024.

Jan. 25 , 2024
Shanghai puts around 354,000 new energy vehicles on roads in 2023
Shanghai puts around 354,000 new energy vehicles on roads in 2023

Chinese megacity Shanghai deployed a total of 354,000 new energy vehicles (NEV) across the year of 2023, resulting in a citywide cumulative NEV population of 1.288 million units

Jan. 25 , 2024
Car retail platform Huasheng Haoche bags 650 million yuan in new funding round
Car retail platform Huasheng Haoche bags 650 million yuan in new funding round

On January 22, China's leading automotive new retail platform, Huasheng Haoche, announced that it had raised 650 million yuan in a new financing round, which was led by local state-owned asset divisions.

Jan. 23 , 2024
SAIC Motor breaks ground on new battery base in Nanjing city’s Jiangbei New Area
SAIC Motor breaks ground on new battery base in Nanjing city’s Jiangbei New Area

On January 21, the groundbreaking ceremony for the battery and new energy power technology factory project at the Jiangbei New Area base of Nanjing Automobile Group was held in Nanjing city.

Jan. 23 , 2024
Dongfeng Motor begins commercial pilot operation of Venucia V-Online’s hydrogen-powered cars
Dongfeng Motor begins commercial pilot operation of Venucia V-Online’s hydrogen-powered cars

On January 19, Dongfeng Motor Corporation announced the official commencement of the commercial pilot operation of Venucia's first hydrogen-powered vehicle, the Venucia V-Online Qing Jing, in the Huadu District of Guangzhou city.

Jan. 22 , 2024