EV
Geely-backed VREMT team up with Alibaba for overseas business development
Geely-backed VREMT team up with Alibaba for overseas business development

On Feb. 28, VREMT, a subsidiary of Geely Holding, signed an agreement with Alibaba.com, a cross-border e-commerce platform of Alibaba Group, to conduct strategic cooperation on some “going global” projects.

Mar. 1 , 2023
Car and City: Shenzhen tops other Chinese cities by Model 3, Model Y registrations in Jan. 2023
Car and City: Shenzhen tops other Chinese cities by Model 3, Model Y registrations in Jan. 2023

In the first month of 2023, there were 27,207 China-made Tesla-branded vehicles registered across the Chinese mainland, representing a 34.7% decrease compared to the previous month, according to the data compiled by GARI.

Feb. 28 , 2023
Li Auto scores two-digit YoY, QoQ growth in Q4 2022 revenue
Li Auto scores two-digit YoY, QoQ growth in Q4 2022 revenue

Li Auto Inc. announced on Monday its revenue reached 17.65 billion yuan ($2.56 billion) in the fourth quarter of 2022 (Q4 2022), surging 66.2% year on year and also soaring 88.9% quarter on quarter.

Feb. 27 , 2023
GAC Group, GAC AION to lift capital contributions to NEV startup HYCAN
GAC Group, GAC AION to lift capital contributions to NEV startup HYCAN

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’s lab accredited by Volkswagen Group for cell tests
Gotion High-Tech’s lab accredited by Volkswagen Group for cell tests

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
YUDO’s parent JuneYao Group launches air-land-integrated mobility strategy
YUDO’s parent JuneYao Group launches air-land-integrated mobility strategy

JuneYao Group officially launched a significant mobility strategy (dubbed “Jixiang Da Chuxing” in Chinese Pinyin), under which the group plans to offer users better integrated services for both air and land travels.

Feb. 22 , 2023