EV
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
XPeng Inc. to launch 2 to 3 new models per year from 2023
XPeng Inc. to launch 2 to 3 new models per year from 2023

XPeng Inc. expects the full-year investment in R&D businesses to reach 4 billion yuan ($617.694 million) in 2021.

Aug. 26 , 2021
WM W6: China’s First Mass-Produced Self-Driving Vehicle
WM W6: China’s First Mass-Produced Self-Driving Vehicle

In April this year, China’s new energy vehicle startup WM Motor started to deliver its third model, the WM W6.

Aug. 24 , 2021
XPeng P7’s cumulative outputs amount to 50,000 units
XPeng P7’s cumulative outputs amount to 50,000 units

XPeng Inc. announced via its WeChat account the 50,000th P7 sports sedan officially came off the assembly line on August 23 at XPeng’s Zhaoqing plant.

Aug. 23 , 2021
BMW, State Grid EV Service step up cooperation on charging tech R&D, service promotion
BMW, State Grid EV Service step up cooperation on charging tech R&D, service promotion

BMW Group and State Grid EV Service announced in recent days they have cemented their collaboration on the promotion of charging services & products and new energy vehicle (NEV)-used electric power.

Aug. 23 , 2021