- 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
- Li Auto Inc. December 2020 Delivery Update
Jan. 03 , 2021
- NIO Inc. Provides December, Fourth Quarter and Full Year 2020 Delivery Update
Jan. 03 , 2021
- GAC NIO apologizes for announcing use of digital currency without regulatory permission
GAC NIO announced on Dec. 31 via its Weibo account it will accept digital currency for payment. However, the posting was cancelled then.
Dec. 31 , 2020
- November 2020 update of top 5 Chinese EV startups’ insurance registrations
For the first eleven months, China’s NEPV insurance registrations jumped 16.28% from a year ago to 901,908 units.
Dec. 30 , 2020
- Leapmotor to start presale of third production model C11 on Jan. 1 2021
Leapmotor announced the presale of the C11, its third production model, will begin on Jan. 1, 2021, coming with three trim levels. Guiding prices of the new model range from 159,800 yuan ($24,465) to ...
Dec. 29 , 2020
