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Gasgoo Daily: China's PV retail sales likely to drop 9% YoY in August
Gasgoo Daily: China's PV retail sales likely to drop 9% YoY in August

With Gasgoo Daily, we will offer important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Aug. 19 , 2021
China’s MOFCOM encourages greater facilitation for NEV promotion in charging, parking
China’s MOFCOM encourages greater facilitation for NEV promotion in charging, parking

Local governments in China are encouraged to further facilitate the promotion of NEVs in charging, traffic management, parking, and other links, Gao Feng, spokesperson of China’s Ministry of Commerce.

Aug. 19 , 2021
Chinese self-driving startup FABU.AI secures 100 million yuan in Series B+ funding
Chinese self-driving startup FABU.AI secures 100 million yuan in Series B+ funding

FABU.AI, a Chinese autonomous driving startup, announced on August 19 it has banked 100 million yuan in Series B+ funding round from Cowin Capital and DYEE Capital.

Aug. 19 , 2021
Gasgoo Daily: Tesla Shanghai plant expected to produce 450,000 vehicles this year
Gasgoo Daily: Tesla Shanghai plant expected to produce 450,000 vehicles this year

With Gasgoo Daily, we will offer important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Aug. 18 , 2021
Leapmotor nabs 4.5 billion yuan in new financing round
Leapmotor nabs 4.5 billion yuan in new financing round

Leapmotor announced on August 18 it has closed a new funding round with 4.5 billion yuan ($694.723 million) raised.

Aug. 18 , 2021
XPeng starts construction of Zhaoqing plant’s 2nd phase
XPeng starts construction of Zhaoqing plant’s 2nd phase

On August 18, XPeng broke ground on the second phase of its new energy vehicle (NEV) plant in Zhaoqing, Guangdong province.

Aug. 18 , 2021