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Chinese EV innovator HOZON Auto to be listed on STAR Market in 2021
Chinese EV innovator HOZON Auto to be listed on STAR Market in 2021

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
Gotion High-Tech starts constructing eighth battery manufacturing base
Gotion High-Tech starts constructing eighth battery manufacturing base

Gotion High-Tech, China’s No.3 battery maker, celebrated on July 20 the first spade cut for its battery manufacturing base in Liuzhou, Guangxi Zhuang Autonomous Region, according to a posting on the company’s WeChat account.

Jul. 21 , 2020
Great Wall Motor’s all-new tech brands named Lemon, Tank, Coffee
Great Wall Motor’s all-new tech brands named Lemon, Tank, Coffee

GWM launched on July 20 three all-new technology brands, dubbed “Lemon”, “Tank” and “Coffee Intelligence”, demonstrating its ambition to drive the transition to being a global mobility technology provider from being a a mere vehicle manufacturer.

Jul. 21 , 2020
China’s first-half auto imports plunge 32.5% year on year
China’s first-half auto imports plunge 32.5% year on year

For the first half of 2020, China imported a total of 361,000 vehicles (including chassis) which were valued at 119.92 billion yuan ($17,135,584,656), representing a year-on-year slump of 32.5%, according to Sinomach Automobile Co.,Ltd.

Jul. 20 , 2020
Xpeng Motors announces US$500mn Series C+ financing with  Aspex, Coatue, Hillhouse, Sequoia Capital China as investors
Xpeng Motors announces US$500mn Series C+ financing with Aspex, Coatue, Hillhouse, Sequoia Capital China as investors

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
Dongfeng’s premium EV-focused “VOYAH” unveiled as independent brand
Dongfeng’s premium EV-focused “VOYAH” unveiled as independent brand

Dongfeng Motor Corporation announced on July 17 its all-new premium EV brand dubbed “Lantu” with the logo unveiled in the meantime.

Jul. 20 , 2020