- Dongfeng Nissan expects electrified vehicles to make up 40% of new car sales by 2025
Dongfeng Nissan, the joint venture between Dongfeng Motor Group and Nissan Motor, plans to roll out over 20 new models across its three brands, namely, Nissan, Venucia, and Infiniti, over the next fiv...
Dec. 30 , 2022
- Li Auto’s monthly deliveries to exceed 20,000 vehicles in Dec. 2022
Li Auto's monthly vehicle deliveries are likely to surpass 20,000 units in Dec. 2022, Liu Jie, Sales Vice President of the new energy vehicle (NEV) startup, said at the Auto Guangzhou 2022 kicking off...
Dec. 30 , 2022
- Shell invests in BYD-backed EV investment company
Shell (China) Limited has become the majority shareholder of a company previously controlled by BYD.
Dec. 29 , 2022
- GAC breaks ground on electric drive subsidiary’s factory
On Dec. 29, GAC Group-backed Ruipai Power Technology Co., Ltd. ("Ruipai") broke ground on a manufacturing base, which will start producing new-generation electric drive systems next year, according to...
Dec. 29 , 2022
- GAC Group, HEC Technology, Zunyi city to team up on lithium battery industrial chain
GAC Group, the municipal government of Zunyi city, and Guangdong HEC Technology Holding Co., Ltd. entered into a strategic cooperation framework agreement on Dec. 27 to co-build an industrial chain fo...
Dec. 29 , 2022
- SAIC-GM Wuhan Ultium Center starts operation for battery, electric drive system production
SAIC-GM saw a significant power center, named SAIC-GM Wuhan Ultium Center, start operation in Wuhan city, the capital of China's Hubei province, on Dec. 28.
Dec. 28 , 2022
- Geely’s new energy CV maker Farizon Auto said to close Series A financing in 2023
Farizon Auto, the new energy commercial vehicle (CV) brand under Zhejiang Geely Holding Group, is reportedly planning to close its Series A financing round in 2023.
Dec. 27 , 2022
- Lenovo invests in Beijing-based battery maker WeLion
China’s battery maker Beijing WeLion New Energy Technology Co., Ltd. (WeLion) recently added computer giant Lenovo to its list of shareholders, according to China’s corporate database Tianyancha.
Dec. 26 , 2022