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Leapmotor teams up with Hangzhou’s Qiantang New Area for NEV projects
Leapmotor teams up with Hangzhou’s Qiantang New Area for NEV projects

Leapmotor signed an agreement with local authority of Hangzhou Qiantang New Area earlier this week for the cooperation on the EV startup’s new energy vehicle (NEV) projects and the goal of jointly building an industrial cluster for ICVs.

Mar. 30 , 2021
Xiaomi announces EV investment of $10 billion in ten years
Xiaomi announces EV investment of $10 billion in ten years

Xiaomi will set up a subsidiary for intelligent electric vehicle business

Mar. 30 , 2021
Toyota, SinoHytec form new joint venture for FCV
Toyota, SinoHytec form new joint venture for FCV

Both parties will invest a total of 8 billion yen to the new joint venture, called Toyota Sinohytec Fuel Cell Co.,Ltd. (FCTS).

Mar. 30 , 2021
Huawei's MDC partner in-driving banks over 10 million yuan for Pre-A funding
Huawei's MDC partner in-driving banks over 10 million yuan for Pre-A funding

Chinese autonomous driving startup in-driving (dubbed “Huanyu Zhixing” in Chinese) has closed its Pre-A financing with over 10 million yuan raised, according to the corporate data platform Qichacha.

Mar. 29 , 2021
Great Wall Motor to plow 3 billion yuan over next 3 years in hydrogen R&D
Great Wall Motor to plow 3 billion yuan over next 3 years in hydrogen R&D

Great Wall Motor (GWM) has to-day invested 2 billion yuan ($304.822 million) in the R&D of hydrogen energy business and will pour another 3 billion yuan ($457.233 million) over the next three years.

Mar. 29 , 2021
China NEV insurance registrations in Feb.: Tesla outperforms totals of Chinese startups
China NEV insurance registrations in Feb.: Tesla outperforms totals of Chinese startups

Tesla was streets ahead of Chinese startups in terms of monthly insurance registrations.

Mar. 29 , 2021