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Despite those foreign automakers’ first-half sales growth, their market shares in China all declined versus the same period of last year.
Jul. 26 , 2021
Chinese automotive SoC (system-on-chip) developer SemiDrive raised nearly 1 billion yuan ($154.238 million) in a Series B funding round, which was co-led by CDB Equipment Manufacturing Industrial Investment Fund and V Fund.
Jul. 26 , 2021
Li Auto will become the second Chinese electric vehicle startup listed on Hong Kong Exchanges and Clearing Ltd (HKEX) after XPeng Motors.
Jul. 26 , 2021
China’s retail sales of locally-produced passenger vehicles (merely including cars, SUV, and MPVs) are anticipated to reach 1.53 million units in July 2021, dropping 4.3% year on year, according to the China Passenger Car Association (CPCA).
Jul. 23 , 2021
Chinese battery swapping technology developer Aulton said the battery swapping stations it built in partnership with the state-owned oil giant Sinopec were officially launched in both Shanghai and Chongqing on July 20.
Jul. 22 , 2021
SAIC-GM-Wuling (SGMW), a joint venture between General Motors and two Chinese automakers, announced on Thursday it delivered 884,195 new vehicles during the first half of 2021, representing a 39.5% year-on-year jump.
Jul. 22 , 2021