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Shanghai (Gasgoo)- XPeng Huitian, the electric flying car company owned by XPeng Motors, announced on Oct. 19 it nabbed over $500 million in the Series A funding round, which will value it at more than $1 billion.
Oct. 19 , 2021
Geely Auto entered into a framework agreement with Geely Group Limited on Oct. 18 for the proposal to acquire from the latter 220 million shares of ZEEKR, which represented around 10% of ZEEKR’s shares issued as of the agreement signing date.
Oct. 19 , 2021
China’s cybersecurity service provider, 360 Security Technology Inc., released a notice stating the company’s plan to invest RMB2.9 billion ($451 million) in HOZON Auto, the Chinese startup owning the EV brand NETA.
Oct. 19 , 2021
With professional technology background and rich management experience, the new president and his team are expected to push forward the group’s automotive business.
Oct. 18 , 2021
Geely Holding has reached an agreement with Volvo Car Group for the subsidiary to fully take over the Luqiao manufacturing plant as its company assets.
Oct. 18 , 2021
Ford’s first batch of China-made Mustang Mach-Es rolled off the production line and was on track for delivery by the end of the year, the automaker announced today.
Oct. 18 , 2021