- 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, respectivel...
Jan. 25 , 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
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
- BYD teases fire new A0-segment SUV model Yuan UP
BYD recently released official teaser images for its upcoming model, the Yuan UP, set to hit the market in March this year. This marks the first A0-segment SUV built on BYD's e-Platform 3.0.
Jan. 25 , 2024
- Geely’s Farizon Auto ships first V6E vans to Turkey
On January 20, Geely's Farizon New Energy Commercial Vehicle Group ("Farizon Auto") exported the first batch of V6E vans to Turkey, officially setting sail from the Shanghai port, according to a post ...
Jan. 23 , 2024
- Gecko Motors completes Pre-A funding round for new energy commercial vehicle R&D
Gecko Motors, a Chinese company with advanced digital chassis as the core, recently announced the completion of a Pre-A round financing, which bagged for the company hundreds of millions of yuan.
Jan. 23 , 2024
- 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 divisio...
Jan. 23 , 2024
- 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
