EV
SAIC Motor sees quarterly revenue, net profit, car sales rise consecutively in Q1-Q3 period
SAIC Motor sees quarterly revenue, net profit, car sales rise consecutively in Q1-Q3 period

SAIC Motor announced on Thursday that its gross revenue reached roughly 196.787 billion yuan in the third quarter (Q3) of this year, sliding 6.92% from the previous year.

Oct. 27 , 2023
SVOLT bags 7.5 billion yuan worth of credit line from multiple banks
SVOLT bags 7.5 billion yuan worth of credit line from multiple banks

On October 25, Chinese power battery supplier SVOLT Energy Technology Co., Ltd. (“SVOLT”) signed an agreement with a group of banks, who agreed to grant SVOLT a credit line worth 7.5 billion yuan.

Oct. 26 , 2023
NIO Capital invests in Chinese smart auto closure solution supplier INGIN Technology
NIO Capital invests in Chinese smart auto closure solution supplier INGIN Technology

INGIN Technology, a Chinese smart closure solution provider for automobiles, recently announced the successful completion of its Series C+ financing round, which raised for the company nearly 100 million yuan.

Oct. 26 , 2023
Pony.ai bags $100 million in latest financing round from Saudi Arabia's NEOM, NIF
Pony.ai bags $100 million in latest financing round from Saudi Arabia's NEOM, NIF

On October 25, Chinese autonomous driving technology developer Pony.ai announced it has secured a $100 million worth of investment from Saudi Arabia's megaproject NEOM and the latter's wholly-owned sub-fund NIF.

Oct. 25 , 2023
BYD displays five new energy vehicle models at Japan Mobility Show 2023
BYD displays five new energy vehicle models at Japan Mobility Show 2023

BYD became the first Chinese automaker to participate in Tokyo Motor Show.

Oct. 25 , 2023
Highlights of XPeng’s 2023 TECH DAY
Highlights of XPeng’s 2023 TECH DAY

On October 24, Chinese smart electric vehicle (EV) maker XPeng held its 2023 TECH DAY, showcasing its latest progress in multiple fields like intelligent driving, intelligent cockpit, electric drive system, E/EA, etc.

Oct. 25 , 2023