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Leapmotor to raise RMB360 million from Series A-2 fundraising
Leapmotor to raise RMB360 million from Series A-2 fundraising

Leapmotor is about to raise RMB360 million worth of capital from the Series A-2 round financing which is solely invested by Jinhua Zhongche Fund, Dahua Technology, one of major shareholders of Leapmotor, announced on July 29.

Aug. 5 , 2019
Audi e-tron Sales In U.S. Stable In July At Half Tesla Model X Level
Audi e-tron Sales In U.S. Stable In July At Half Tesla Model X Level

Audi e-tron is currently the strongest/most direct competitor to the Tesla Model X ever.

Aug. 5 , 2019
Mazda sees China sales in July slide 17.2% year on year
Mazda sees China sales in July slide 17.2% year on year

Japanese automaker Mazda delivered 17,051 vehicles in China last month, sliding 17.2% compared with 20,597 vehicles delivered in the same period a year ago, according to Mazda Motor (China) Co., Ltd.

Aug. 2 , 2019
NIO and NIO ES8 Ranked Highest in J.D. Power’s Inaugural China New Energy Vehicle Experience Index (NEVXI) StudySM
NIO and NIO ES8 Ranked Highest in J.D. Power’s Inaugural China New Energy Vehicle Experience Index (NEVXI) StudySM

On July 31, 2019, J.D. Power released its Inaugural China New Energy Vehicle Experience Index (NEVXI) StudySM. In the study, the NIO ES8 ranked highest in the midsize/large BEV segment and NIO ranked highest of all brands for NEV new-vehicle quality.

Aug. 2 , 2019
DiDi to Form a JV with BP to Expand EV Charging Network
DiDi to Form a JV with BP to Expand EV Charging Network

DiDi and BP, the world’s leading fuels retailing and convenience business company, on August 1 announced that they have agreed to form a new joint venture to build electric vehicle (EV) charging infrastructure in China.

Aug. 2 , 2019
GAC Group announces sweeping personnel changes to improve self-owned brand
GAC Group announces sweeping personnel changes to improve self-owned brand

GAC Group announced on July 31 a series of personnel changes in a bid to strengthen the group’s internal integration of research, production and market, improve the communication efficiency and enhance the cooperative work among all business sectors.

Aug. 1 , 2019