- China’s intelligent chassis solution supplier BIBO closes A+ funding round
On January 22, 2024, Bebest (Shanghai) Automotive Electronics Co., Ltd. officially announced the completion of its A+ round of financing.
Jan. 22 , 2024
- Chery EXEED rolls off first STERRA ET mass-produced units
On January 19, Chery's EXEED brand saw the first batch of the mass-produced units of its STERRA ET electric SUV roll off the production line.
Jan. 19 , 2024
- SVOLT rolls off 400,000th PHEV-dedicated battery pack
On January 19, SVOLT Energy Technology Co., Ltd. celebrated a significant milestone with the production of its 400,000th PHEV battery pack.
Jan. 19 , 2024
- BYD, DJI join hands to develop vehicle-integrated UAV
BYD revealed the groundbreaking collaboration with DJI to create the world's first vehicle-integrated UAV (unmanned aerial vehicle).
Jan. 19 , 2024
- Ganfeng Lithium signs long-term supply agreement with Hyundai Motor Company
On January 18, Ganfeng Lithium Group Co., Ltd. ("Ganfeng Lithium") announced that it recently signed a "Long-Term Supply Agreement" with Hyundai Motor Company, marking a strategic collaboration betwee...
Jan. 19 , 2024
- Chinese battery raw materials developer JOMO Technology secures angle round
Chinese battery raw materials developer JOMO Technology disclosed the recent successful acquisition of angel round financing led by a renowned investment firm
Jan. 18 , 2024
- Li Auto plans to put Li L6 model onto market in April 2024
Li Auto's Senior Vice President, Zou Liangjun, recently revealed in an interview that the company's first model priced below 300,000 yuan, the Li L6, is set to officially hit the market in April 2024.
Jan. 18 , 2024
- China exempts NEVs from 121.8 billion yuan worth of vehicle purchase tax, vehicle & vessel tax in 2023
In 2023, the exemption of the vehicle purchase tax and the vehicle and vessel tax for new energy vehicles (NEVs) in China amounted to 121.8 billion yuan.
Jan. 18 , 2024
