On March 21st, Volkswagen Group China inked two memorandums of understanding with China’s Huayou Cobalt and Tsingshan Holding Group, respectively, to strengthen the auto group’s competitiveness in the electric mobility field.
Mar. 21 , 2022
Rising Auto saw the first PPV (production process validation) prototype of the R7, the first flagship model of the brand after its independent operation, roll off the production line on March 21.
Mar. 21 , 2022
Several of China’s EV startups all announced price rises on their models, including Leapmotor, WM Motor, XPeng, and Geely’s sub-brand, Geometry, during March 18th-19th.
Mar. 21 , 2022
Rockets Capital, a China-based private equity firm focusing on investments in the smart energy vehicle (EV) supply chain, announced on March 17 it has closed its first round of over $200 million in capital commitments, which was led by XPeng.
Mar. 17 , 2022
On March 17th, Tesla issued a price rise on the RWD Model Y in China, marking the EV maker’s third price within a week.
Mar. 17 , 2022
Presale of the Honda e:NS1, the first Honda-branded full-electric vehicle model dedicated to China, will start on March 16 via Dongfeng Honda's mini program on March 18.
Mar. 17 , 2022