Articles Tagged with "EV"

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
BYD’s NEV sales in Sept. zoom up 257.62% year on year
BYD’s NEV sales in Sept. zoom up 257.62% year on year

BYD Company Limited scored an 89.92% year-on-year surge in Sept. auto sales, which stood at 80,114 units, according to the company’s announcement.

Oct. 8 , 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
Tesla outsold by top 6 Chinese NEV startups by Aug. insurance registrations
Tesla outsold by top 6 Chinese NEV startups by Aug. insurance registrations

In August, Tesla saw its China-made vehicle registrations plunged 69% from the previous month to 2,802 units, hitting the lowest monthly level since February 2020.

Sep. 29 , 2021