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Honda Motor sees China sales in May drop 30.8% YoY
Honda Motor sees China sales in May drop 30.8% YoY

Honda Motor announced today its monthly China sales reached 89,083 units in May 2022, sliding 30.8% from a year earlier due to the impact of the coronavirus resurgence and the supply constraints of auto parts.

Jun. 6 , 2022
NIO launches charging/discharging ‘all-in-one’ machine
NIO launches charging/discharging ‘all-in-one’ machine

NIO announced today it has launched a portable machine that integrates both charging and discharging functions.

Jun. 6 , 2022
NIO-backed fund invests in MINIEYE's D3 round
NIO-backed fund invests in MINIEYE's D3 round

On June 6th, China’s intelligent driving solution provider, MINIEYE, announced the completion of its D3 investment round, closing the entire Series D with RMB800 million ($120.25 million) raised.

Jun. 6 , 2022
China’s TRUCK RENTAL bags nearly 100 million yuan in Series B funding
China’s TRUCK RENTAL bags nearly 100 million yuan in Series B funding

TRUCK RENTAL, a Chinese logistics vehicle asset operation service provider, recently closed its Series B financing round with nearly 100 million yuan ($14.962 million) raised, a local media outlet reported today.

Jun. 2 , 2022
Geely launches nine satellites into orbit for better mobility experience
Geely launches nine satellites into orbit for better mobility experience

At 12:00 p.m. Beijing Time, June 2nd, China’s major automaker Geely successfully conducted its first satellite launch, shooting nine satellites into orbit forming a high-precision spatio-temporal information network for its intelligent vehicles.

Jun. 2 , 2022
First Wuling-branded global NEV model to hit market in second half of 2022
First Wuling-branded global NEV model to hit market in second half of 2022

SAIC-GM-Wuling (“SGMW”), General Motors' joint venture with Chinese partners SAIC Motor and Guangxi Automobile Group, on June 1 unveiled the Wuling Air ev, Wuling brand's first global NEV model, in Jakarta.

Jun. 2 , 2022