HOZON Auto, the startup owning the NEV brand NETA, recently secured over 2 billion yuan ($316.22 million) in the third round of its D series financing, according to a local media outlet.
Feb. 21 , 2022
The Q5 e-tron, the second model under the SAIC-Audi project, officially became available for presale on Feb. 18. Coming with nine trim levels, the new model is priced between 395,500 yuan ($62,530) and 510,000 yuan ($80,640) in presale.
Feb. 21 , 2022
FAW Group’s mainstay brand, Hongqi, has deepened its partnership with China’s largest battery-swapping service provider, Aulton, the automaker announced on February 18th.
Feb. 21 , 2022
Prime Planet Energy & Solutions (PPES), a battery joint venture between Toyota Motor Corporation (Toyota) and Panasonic Corporation, is ready to ramp up its production capacity of automotive batteries in China.
Feb. 16 , 2022
Chinese startup NIO plans to launch an all-new model, named ES7, in mid-April 2022, Qin Lihong, Co-founder and President of NIO, revealed on Feb. 15.
Feb. 15 , 2022
Audi FAW New Enery Vehicle Co.,Ltd., a joint venture between FAW Group and Audi, plans to break ground on its NEV plant in Changchun city, Jilin province in April 2022.
Feb. 15 , 2022