Search Results for "EV"

SAIC Motor’s auto sales fall 14.36% YoY in Sept., while NEV sales surge 61.3%
SAIC Motor’s auto sales fall 14.36% YoY in Sept., while NEV sales surge 61.3%

SAIC Motor said its new vehicle sales reached 515,804 units last month, dropping 14.36% compared to the previous year. As of Sept. 2021, the Shanghai-based auto giant had posted year-on-year sales decline for the fifth month in a row.

Oct. 11 , 2021
Evergrande Shanghai  NEV research unit records surge in registered capital
Evergrande Shanghai NEV research unit records surge in registered capital

Evergrande Hengchi New Energy Vehicle Research Institute (Shanghai) Co.,Ltd. saw its registered capital surge 900% to 1 billion yuan.

Oct. 9 , 2021
China’s EV startup WM Motor expects to raise US$500 million
China’s EV startup WM Motor expects to raise US$500 million

In September, monthly sales of WM Motor surged 115.8% year on year to 5,005 vehicles.

Oct. 9 , 2021
Valeo strengthens its R&D in China in response to the mobility revolution and local specific needs
Valeo strengthens its R&D in China in response to the mobility revolution and local specific needs

It is here in China, for example, that Valeo launched the 48V systems which were originally a response to a specific market need in China, but are now highly popular everywhere.

Sep. 30 , 2021
ByteDance, Xiaomi-backed Shunwei Capital invest in autonomous industrial vehicle developer
ByteDance, Xiaomi-backed Shunwei Capital invest in autonomous industrial vehicle developer

China's automated guided industrial vehicles developer, VisionNav Robotics, has completed its C-round of financing with participants including ByteDance, Xiaomi-backed Shunwei Capital, and other major ventures.

Sep. 30 , 2021
FAW Jiefang eyes 500,000 units of annual NEV sales by 2035
FAW Jiefang eyes 500,000 units of annual NEV sales by 2035

FAW Jiefang, the commercial vehicle arm of FAW Group, expects its annual new energy vehicle (NEV) sales to reach 120,000, 320,000, and 500,000 units in the year of 2025, 2030, and 2035, accounting for 20%, 50% and 70% of the company’s total sales.

Sep. 29 , 2021