- Tesla achieves best-ever monthly deliveries for China-made Model 3
In November, the monthly retail sales of Tesla’s China-made Model 3 hit a new record high of 21,604 units in the world’s largest auto market, according to the China Passenger Car Association (CPCA...
Dec. 09 , 2020
- Volkswagen inaugurates R&D hub in Hefei for China e-mobility offensive
On December 8, Volkswagen Group saw the inauguration of a new R&D center at its facilities in Hefei, indicating that Anhui province is to advance into a new center of competence and e-mobility hub for...
Dec. 09 , 2020
- Startup XPeng intends to sell 40 mln ADSs to raise $1.942 billion
XPeng Inc. (XPeng or the Company), a leading Chinese electric vehicle (EV) startup, announced on Dec. 7 that it plans to offer and sell 40 million American Depositary Shares (ADSs) to the public, whic...
Dec. 08 , 2020
- EV innovator HOZON Auto to close series C financing better than expected
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 Cap...
Dec. 03 , 2020
- NIO, Li Auto report record-high monthly deliveries
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. 03 , 2020
- Sales of Hongguang MINI EV hits record high of 33,094 units in Nov.
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. 02 , 2020
- NIO Inc. Provides November 2020 Delivery Update
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today provided its November 2020 delivery results.
Dec. 01 , 2020
- China rolls out 37.585 billion yuan NEV subsidy scheme for 2021
China’s central government has issued a total of 37.585 billion yuan (about $5.716 billion) of subsidies in 2021 for energy-saving and emission reduction projects, according to the Ministry of Finan...
Nov. 30 , 2020
