EV
Leapmotor closes pre-A round financing of RMB 400 million
Leapmotor closes pre-A round financing of RMB 400 million

Leapmotor announced in recent days that it received investments from four institutions and three investors, after the pre-A round financing was led by Sequoia Capital China.

Jan. 30 , 2018
Xpeng Motors achieves RMB 2.2 billion B-round funding, leading by Alibaba, IDG Capital
Xpeng Motors achieves RMB 2.2 billion B-round funding, leading by Alibaba, IDG Capital

Xpeng Motors held a press conference for its B-round financing in Hong Kong on Jan. 29. This financing was jointly led by Alibaba Group, Foxconn and IDG Capital, followed by Yunfeng Capital, Apoletto and CICC

Jan. 30 , 2018
Hongqi to unveil first BEV in October
Hongqi to unveil first BEV in October

Hongqi will introduce the first electric vehicle in 2018 and it will run the fuel cell vehicle in batches in the following year. In 2020, its all-new FME platform will roll out series of electric vehicles, which can have a range of 600km.

Jan. 29 , 2018
BAIC BJEV achieves back-door listing with valuation of RMB 28.8 billion
BAIC BJEV achieves back-door listing with valuation of RMB 28.8 billion

Chengdu Chiffo Electronic Co., Ltd (Chiffo) plans to acquire whole stake of BAIC BJEV from its 36 shareholders including BAIC Group with a total of RMB 28.85 billion.

Jan. 24 , 2018
Overview of 2017 sales and 2018 strategies of ten new energy automakers
Overview of 2017 sales and 2018 strategies of ten new energy automakers

This article rounds up the 2017 sales and 2018 strategies of ten new energy automakers.

Jan. 24 , 2018
BYD urges more government support for PHEV
BYD urges more government support for PHEV

Wang Chuanfu, chairman and president of BYD Auto, stated that the plug-in hybrid electric vehicle (PHEV) will be preferred by private consumers around the world and thus the government policy should encourage the promotion of PHEVs.

Jan. 23 , 2018