HOZON Auto, a Zhejiang-based EV startup, announced on Dec. 2 it is about to successfully close its series C financing, which has raised 2 billion yuan ($305.106 million) from the lead investor, HD Capital.
Dec. 3 , 2020
In November, best-ever monthly deliveries were achieved by Li Auto and Nio, while Xpeng Motors set up a new monthly record for this year.
Dec. 3 , 2020
The sales of the Wuling Hongguang MINI EV, a micro electric vehicle (EV) model launched by SAIC-GM-Wuling (SGMW), hit a new high of 33,094 units in November, according to the joint venture.
Dec. 2 , 2020
Dongfeng Motor Group and State Grid forged strategic partnership on Nov. 26 with their subsidiaries signing a number of agreements related to the separation of vehicles and batteries, the demonstration of V2G technology.
Nov. 27 , 2020
Chinese EV innovator Leapmotor intends to be listed on the technology-focused Science and Technology Innovation Board (STAR market) in the second half of 2021, according to a local media, citing sources familiar with the matter.
Nov. 26 , 2020
SAIC MAXUS, a subsidiary of SAIC Group, plans to roll out dozens of new energy vehicle (NEV) models over the next five years and make NEVs contribute to over 30% of total new car sales by 2025.
Nov. 24 , 2020