EV
Bosch’s venture arm sets up joint venture in China for all-electric, fuel cell CV business
Bosch’s venture arm sets up joint venture in China for all-electric, fuel cell CV business

Robert Bosch Venture Capital GmbH has set up a joint venture in China with Boyuan Capital, Foton Motor, SinoHytec, and Shenzhen Fuyuan Zhihui Investment Partnership (L.P.) for the R&D and production of all-electric and fuel cell commercial vehicles.

Jan. 10 , 2023
FAW Group’s Hongqi launches global new energy vehicle strategy
FAW Group’s Hongqi launches global new energy vehicle strategy

On Jan. 8, 2023, Hongqi, the premium auto brand of FAW Group, held a grand ceremony to launch its global new energy vehicle (NEV) strategy.

Jan. 9 , 2023
Midea-backed Welling starts production at NEV parts manufacturing base in Anqing city
Midea-backed Welling starts production at NEV parts manufacturing base in Anqing city

Welling Auto Parts, the new energy vehicle (NEV) auto parts supplier owned by Chinese major appliance giant Midea Group, saw the first phase of its new strategic manufacturing base in Anqing city, Anhui province start operation on Jan. 6.

Jan. 6 , 2023
BYD, Uzavtosanoat JSC to build joint venture in Uzbekistan for new energy vehicle production
BYD, Uzavtosanoat JSC to build joint venture in Uzbekistan for new energy vehicle production

BYD and Uzavtosanoat JSC signed an agreement last week to establish a joint venture working on the production of new energy vehicles (NEVs) and relevant auto parts, according to a post on BYD's WeChat account.

Jan. 3 , 2023
GAC AION clocks 126% YoY hike in 2022 auto sales
GAC AION clocks 126% YoY hike in 2022 auto sales

GAC AION, the NEV (new energy vehicle)-dedicated subsidiary of GAC Group, sold 30,007 vehicles in Dec. 2022, representing a year-on-year surge of 107% and a month-on-month growth of 4.3%, according to a post on the company's WeChat account.

Jan. 3 , 2023
ZEEKR delivers over 70,000 vehicles in 2022
ZEEKR delivers over 70,000 vehicles in 2022

ZEEKR, the premium electric vehicle (EV) brand of Geely Holding, saw its monthly deliveries hit a record high of 11,337 units in Dec. 2022, which zoomed up 198.7% from the year-ago period.

Jan. 3 , 2023