- Geely-backed ZEEKR sees monthly deliveries zoom up 87.1% YoY in Feb. 2023
ZEEKR, the premium electric vehicle brand of Geely, delivered 5,455 vehicles in Feb. 2023, representing an 87.1% year-on-year soar and a 75.1% month-on-month surge, according to an announcement Geely ...
Mar. 01 , 2023
- GAC AION boasts three-digit YoY, MoM surge in Feb. 2023 auto sales
GAC AION, the new energy vehicle (NEV) subsidiary of GAC Group, announced on Wednesday its monthly sales stood at 30,086 units in Feb. 2023, rocketing 252.87% and 194.79% year on year and month on mon...
Mar. 01 , 2023
- Geely-backed VREMT team up with Alibaba for overseas business development
On Feb. 28, VREMT, a subsidiary of Geely Holding, signed an agreement with Alibaba.com, a cross-border e-commerce platform of Alibaba Group, to conduct strategic cooperation on some “going global”...
Mar. 01 , 2023
- Car and City: Shenzhen tops other Chinese cities by Model 3, Model Y registrations in Jan. 2023
In the first month of 2023, there were 27,207 China-made Tesla-branded vehicles registered across the Chinese mainland, representing a 34.7% decrease compared to the previous month, according to the d...
Feb. 28 , 2023
- Li Auto scores two-digit YoY, QoQ growth in Q4 2022 revenue
Li Auto Inc. announced on Monday its revenue reached 17.65 billion yuan ($2.56 billion) in the fourth quarter of 2022 (Q4 2022), surging 66.2% year on year and also soaring 88.9% quarter on quarter.
Feb. 27 , 2023
- Tencent, IDG Capital invest in Chinese auto startup ROX’s Series E financing round
ROX, the auto startup project founded by Chang Jing, the founder and CEO of China’s intelligent cleaning robot company Roborock, has reportedly closed its Series E financing round, which was led by ...
Feb. 27 , 2023
- SERES, Huawei deepen cooperation, eyeing annual NEV sales of 1 million units in 2026
On February 25, SERES and Huawei inked an agreement to deepen their joint business cooperation in Shenzhen. Based on their cooperation, the joint business goal of SERES is to achieve an annual product...
Feb. 27 , 2023
- IM Motors nabs 5 billion yuan worth of loan
IM Motors, the premium electric vehicle makers jointly backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, recently obtained a loan worth 5 billion yuan ($723.066 million) by signing an agr...
Feb. 24 , 2023
