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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 , 2020Gotion 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 , 2020GWM 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 , 2020For 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 , 2020Xpeng 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 , 2020Dongfeng Motor Corporation announced on July 17 its all-new premium EV brand dubbed “Lantu” with the logo unveiled in the meantime.
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