SAIC Motor recently set up an energy technology subsidiary, whose business scope includes the sales of new energy vehicle (NEV) battery swapping facilities.
May 6 , 2022
The first public financing round of IM Motors, an electric vehicle joint venture among SAIC Motor, Alibaba Group and Zhangjiang Hi-Tech, has already been in the works, Liu Tao, co-CEO of IM Motors, recently revealed to a local media outlet.
May 6 , 2022
Guangzhou Greater Bay Technology (“GBT”), which specializes in the production, development and sales of super-fast charge lithium batteries, announced on May 5 it bagged 1 billion yuan ($149.894 million) in the A funding round.
May 6 , 2022
GAC AION, the NEV-dedicated arm of GAC Group, sold 10,212 new vehicles in April 2022, representing a 49.74% month-on-month plunge due to the impact of the coronavirus resurgence on the supply chain and production.
May 5 , 2022
China’s top 5 new energy vehicle startups all had a month-over-month decrease in April while Leapmotor outsold others by monthly deliveries for the first time.
May 1 , 2022
China’s electric vehicle startup XPeng delivered 9,002 Smart EVs in April 2022, representing a 75% increase year-over-year.
May 1 , 2022