EV
Li Auto sets up joint venture with BMW’s supplier for range extension system
Li Auto sets up joint venture with BMW’s supplier for range extension system

On August 27th, Li Auto signed an investment agreement contract with Mianyang Xinchen Engine Co., Ltd. Both parties will join forces to start a new joint venture, to develop next generation range extension system.

Aug. 31 , 2021
GAC Group plans to bring new strategic investors for GAC AION
GAC Group plans to bring new strategic investors for GAC AION

GAC Group intended to introduce strategic investors for its wholly-owned NEV-dedicated subsidiary GAC AION, the Guangzhou-based automaker announced on August 30.

Aug. 31 , 2021
Car and City: July registrations of Wuling Hongguang MINIEV
Car and City: July registrations of Wuling Hongguang MINIEV

In July 2021, the Wuling Hongguang MINIEV was once again honored the best-selling locally-built new energy vehicle (NEV) model in China with an insurance registration volume of 30,204 units.

Aug. 31 , 2021
Geely’s ZEEKR launches EV charging sub-brand ‘ZEEKR Power’
Geely’s ZEEKR launches EV charging sub-brand ‘ZEEKR Power’

Geely's premium EV brand ZEEKR announced the launch of its EV charging sub-brand “ZEEKR Power” at the Chengdu Motor Show 2021.

Aug. 30 , 2021
Geely's EV brand ZEEKR to raise $500 million from five external investors
Geely's EV brand ZEEKR to raise $500 million from five external investors

ZEEKR Intelligent Technology signed an agreement on August 27 to issue and allot to five investors a total of 126,470,585 Series Pre-A Preferred Shares, at a consideration of $500 million.

Aug. 27 , 2021
Car and City: insurance registrations of China-made VW ID. doubles in July
Car and City: insurance registrations of China-made VW ID. doubles in July

The cumulative registrations of the series amounted to 10,811 vehicles.

Aug. 27 , 2021