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 agreement with a group of financial institutions.
Feb. 24 , 2023
GAC Group and its subsidiary GAC AION will increase their capital contributions to HYCAN by 107 million yuan ($15.474 million) and 493 million yuan ($71.294 million), in proportion to their respective shareholdings of 4.46% and 20.54%.
Feb. 24 , 2023
Gotion High-Tech announced on Feb. 21 via its WeChat account that its laboratory has been qualified by Volkswagen Group for cell testing.
Feb. 23 , 2023
NIO has revised the target it set for its battery swapping network to be deployed in 2023.
Feb. 21 , 2023
The new energy vehicle (NEV) factory project jointly developed by China’s ICT giant Huawei and JAC Group has kicked off, according to a bidding document released by China State Construction last week.
Feb. 21 , 2023
XPeng’s intelligent manufacturing plant in Guangzhou city, the capital of China’s Guangdong province, recently started operation, according to a press release issued on Feb. 20 by Guangzhou GET Investment Holdings Co., Ltd.
Feb. 21 , 2023