EV
Xpeng Motors ambitious to raise RMB 30 bln funding by end of 2019
Xpeng Motors ambitious to raise RMB 30 bln funding by end of 2019

Xpeng Motors showed its ambition in raising a total of RMB 30 billion funding by the end of 2019 at its brand day on Aug. 15.

Aug. 16 , 2018
Three senior executives from GAC, BAIC join Faraday Future
Three senior executives from GAC, BAIC join Faraday Future

Yuan Zhongrong, former member of director and vice chairman of GAC Group, Gao Jingshen, former vice general manager of GAC Toyota and Lu Hao, former vice general manager of BAIC BJEV Sales Company have confirmed to join Evergrande FF.

Aug. 16 , 2018
GWM, BMW new JV sited in Zhangjiagang, Jiangsu Province officially
GWM, BMW new JV sited in Zhangjiagang, Jiangsu Province officially

On Aug. 13, GWM signed an investment agreement on complete vehicle joint venture project with Zhangjiagang Municipal Government, signifying that Spotlight Automotive project jointly developed by GWM and BMW officially sited in Zhangjiagang.

Aug. 14 , 2018
Patent images of BYD all-new electric vehicle exposed
Patent images of BYD all-new electric vehicle exposed

A number of patent images of BYD all-new electric vehicle were exposed recently. Adopting an enclosed front end, the new model features a design style resembling the E-SEED, which was showcased at Auto China 2018.

Aug. 7 , 2018
BYD YTD sales advance 23% year on year to 261,812 units
BYD YTD sales advance 23% year on year to 261,812 units

BYD delivered 37,315 vehicles in July. From January to July, BYD handed over 261,812 units, jumping 23% on an annual basis. Among them, BYD’s new energy vehicle (NEV) sales totaled 18,793 units in July and its YTD sales reached 93,677 units.

Aug. 7 , 2018
Faraday Future based in Guangzhou changes name as Evergrande Faraday Future
Faraday Future based in Guangzhou changes name as Evergrande Faraday Future

Faraday Future’s subsidiary, Ruichi Intelligent Vehicle (Guangzhou) Co., Ltd. founded in Guangzhou, changed its name as Evergrande Faraday Future Intelligent Vehicle (Guangdong) Co., Ltd. on July 24.

Aug. 6 , 2018