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 , 2023On 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 , 2023Welling 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 , 2023BYD 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 , 2023GAC 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 , 2023ZEEKR, 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.
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