HOZON Auto, a Chinese EV startup operates a brand that is homonymous with the teen hero of Chinese mythology “Nezha”, has initiated its Series C funding round, and plans to go public on China's Nasdaq-style sci-tech innovation board.
Jul. 21 , 2020
Xpeng Motors announced on July 20 the signing of its Series C+ financing of around US$500 million with a group of investors including Aspex, Coatue, Hillhouse and Sequoia Capital China.
Jul. 20 , 2020
SAIC Motor signed on July 15 a framework agreement with China Baowu Group to carry out all-round cooperation on such areas as hydrogen utilization, integrated materials for automobiles, smart supply and industrial finance.
Jul. 16 , 2020
BYD’s long-anticipated flagship full-sized sedan, the BYD Han, eventually hit the market on July 12. Priced between 229,800 yuan ($32,820) and 279,500 yuan ($39,918), the BEV version comes with three variants.
Jul. 13 , 2020
Automakers in China sold roughly 87,000 new energy passenger vehicles (NEPVs) in June, representing a year-on-year plunge of 35%, according to Cui Dongshu, secretary general of the China Passenger Car Association (CPCA).
Jul. 10 , 2020
GAC Mitsubishi Motors on July 8 celebrated the first spade cut for its new energy vehicle (NEV0 manufacturing base in Changsha, capital of Hunan province, according to Changan municipal government, which cited a local media report.
Jul. 9 , 2020