- SAIC Volkswagen’s MEB-based ID. 4 X starts at 199,888 yuan for presale
SAIC Volkswagen (SAIC VW) started on Jan. 21 the presale of its first MED-based model, the ID.4 X.
Jan. 22 , 2021
- Sitech, Sinotruck join hands to roll out new EV models
EV startup Sitech and Sinotruck, a state-owned truck manufacturer formed a strategic partnership on Jan. 20 to team up on the R&D and manufacture of products, supply chain management and sales channel...
Jan. 21 , 2021
- Xpeng-backed auto parts manufacturing subsidiary founded in Shenzhen
Guangzhou Chengxing Zhidong Motors Technology Co.,Ltd. (Chengxing Zhidong), a subsidiary of Xpeng Motors, set up an auto parts manufacturing company last week.
Jan. 20 , 2021
- CATL plows 1 billion yuan into new battery tech subsidiary
Chinese power battery giant CATL founded on Jan. 14 a new battery tech company in Fuding, Fujian province.
Jan. 18 , 2021
- SAIC, Alibaba-backed premium EV brand “IM” makes world’s debut
The premium auto brand “IM” (dubbed “Zhiji Motor” in Chinese) jointly developed by SAIC Motor, Alibaba and Shanghai’s Pudong New Area was formally launched on Jan. 13. Meanwhile, two concept...
Jan. 13 , 2021
- Xpeng Motors granted 12.8 billion yuan worth of credit line by five banks
Chinese EV startup Xpeng Motors said it signed a deal with five banks for a credit line worth 12.8 billion yuan ($1.98 billion).
Jan. 12 , 2021
- NEV sales in China post sound growth partly thanks to roll-out of stimulus policies
China's NEV sales growth partly stemmed from automakers’ greater efforts in rolling out new NEV products, while governmental supportive policies also play an important role in the sales increase.
Jan. 03 , 2021
