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 production and sales volume of new energy vehicles of 1 m
Feb. 27 , 2023
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
In the first month of 2023, there were 18,045 Wuling Hongguang MINIEVs registered across the Chinese mainland, representing a 39.06% year-on-year decline and a 46.01% month-on-month plunge, according to the data compiled by GARI.
Feb. 22 , 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