Articles Tagged with "EV"

Hongqi achieves best-ever monthly sales in Jan. 2021
Hongqi achieves best-ever monthly sales in Jan. 2021

FAW Group’s premium brand Hongqi said its monthly sales hit a new high of 32,500 units in January 2020, soaring 158% from a year earlier.

Feb. 1 , 2021
Changan Auto’s premium EV brand said to be named ‘Guangyu’
Changan Auto’s premium EV brand said to be named ‘Guangyu’

Changan Auto’s yet-to-be-launched premium smart car brand is likely to be named “Guangyu”, according to a local media, who found its subsidiary Changan NIO registered two trademarks—“Guangyu” and “Guangyu Xinba”—in 2019 and 2020 respectively.

Jan. 29 , 2021
Dec. 2020 update of top 5 Chinese EV startups’ insurance registrations
Dec. 2020 update of top 5 Chinese EV startups’ insurance registrations

Among the NEPVs registered last month, 29,425 units were from Chinese EV startups, a splendid growth of 174% compared to the year-ago period.

Jan. 28 , 2021
Evergrande Auto to raise HK$26 billion by introducing 6 investors
Evergrande Auto to raise HK$26 billion by introducing 6 investors

Evergrande Auto, the NEV arm of Chinese real estate giant China Evergrande Group, announced on Jan. 24, it agreed with six investors to allot and issue a total of 952,383,000 shares, raising an aggregate of HK$26 billion ($3.354 billion).

Jan. 25 , 2021
Hefei said to pump 2 billion yuan into EV startup Leapmotor
Hefei said to pump 2 billion yuan into EV startup Leapmotor

Hefei municipal government intends to invest around 2 billion yuan ($308.2 million) in Leapmotor, a Hangzhou-headquartered Chinese EV startup, according to a local media outlet, quoting a person close to the startup’s senior management.

Jan. 22 , 2021
Volkswagen Group China’s EVP Weiming Soh to be off duties
Volkswagen Group China’s EVP Weiming Soh to be off duties

Weiming Soh, a veteran executive serving for Volkswagen Group for 16 years, will resign from the German auto giant, according to a statement from Mobility Asia, a wholly-owned subsidiary of Volkswagen Group.

Jan. 21 , 2021