- HOZON Auto nets 4 billion yuan in D1 funding round, led by 360 Security
HOZON Auto, the owner of EV brand NETA, has nabbed 4 billion yuan ($625.322 million) in its D1 funding round, the Chinese EV startup announced on Oct. 27.
Oct. 28 , 2021
- Li Auto’s 100,000th vehicle rolls off production line
China’s new energy vehicle (NEV) innovator Li Auto celebrated its production of 100,000th vehicle today at its Changzhou base.
Oct. 28 , 2021
- CATL licenses Hyundai Mobis to use CTP technology
CATL and Hyundai Mobis Co., Ltd. (MOBIS), a South Korean auto parts supplier, on Oct. 27 signed a technology licensing and partnership agreement, under which CATL will grant its CTP technology to MOBI...
Oct. 27 , 2021
- XPeng to deliver P5 with delayed radar installation due to millimeter-wave radar shortage
Affected by the dearth of millimeter-wave radars, XPeng has designed two optional car delivery solutions for P5’s users, one of which will allow a buyer to get his car delivered first and have the r...
Oct. 27 , 2021
- China to vigorously popularize NEVs for peaking carbon emissions as scheduled
China resolves to vigorously promote the use of new energy vehicles, as part of the efforts to for peaking carbon dioxide emissions before 2030, according to an action plan issued by the State Council...
Oct. 26 , 2021
- Toyota’s two joint ventures in China to sell CV-dedicated fuel cell system
United Fuel Cell System R&D (Beijing) Co., Ltd. (FCRD) and Toyota SinoHytec Fuel Cell Co.,Ltd. (FCTS), two Beijing-based joint ventures of Toyota Motor Corporation, are about to sell the “TL Power 1...
Oct. 26 , 2021
- BYD permitted by HKEX to hive off BYD Semiconductor for A-share listing
Hong Kong Stock Exchange (HKEX) confirmed on Oct. 22 that BYD Company Limited (called “BYD” or “the Company” for short) may proceed with the spin-off and separate listing of its non-wholly-own...
Oct. 26 , 2021
- WM Motor begins ‘SUV & sedan’ strategy with launch of M7 sedan
WM Motor launched its first sedan model, the M7, on Oct. 22, indicating that the Chinese EV startup formally began its two-pronged product deployment integrating both SUVs and cars.
Oct. 25 , 2021