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NIO secures $2.2 billion strategic investment from Abu Dhabi’s CYVN
NIO secures $2.2 billion strategic investment from Abu Dhabi’s CYVN

On December 18th, NIO inked a new share subscription agreement with CYVN Holdings L.L.C ("CYVN Holdings"), through its affiliate CYVN Investments RSC Ltd (the "Investor" or "CYVN"), an investment vehicle based in Abu Dhabi.

Dec. 18 , 2023
Mercedes-Benz granted conditional L3 autonomous vehicle testing license in Beijing
Mercedes-Benz granted conditional L3 autonomous vehicle testing license in Beijing

On December 16, Mercedes-Benz became one of the initial recipients of Beijing's Level 3 (L3) highway conditional autonomous driving test license.

Dec. 18 , 2023
NETA Auto, L.K. Technology join hands to develop 20,000+ tonne die-casting machine
NETA Auto, L.K. Technology join hands to develop 20,000+ tonne die-casting machine

On December 15, NETA Auto inked a strategic cooperation agreement with L.K. Technology to jointly develop the world's largest casting equipment exceeding 20,000 tonnes.

Dec. 18 , 2023
FAW-Volkswagen’s ID.7 VIZZION hits market, starting at 227,777 yuan
FAW-Volkswagen’s ID.7 VIZZION hits market, starting at 227,777 yuan

On December 15, FAW-Volkswagen officially put the ID.7 VIZZION onto the market at its Foshan MEB Smart Factory.

Dec. 18 , 2023
BAIC Motor puts BJ60 off-roader onto UAE market
BAIC Motor puts BJ60 off-roader onto UAE market

On December 15, local time, BAIC Motor's BEIJING brand celebrated the market launch of the BJ60 off-roader in Dubai, UAE. The BJ60 offers tech-infused appeal, combining off-road exploration capabilities with family-oriented traits.

Dec. 18 , 2023
Geely Galaxy’s first BEV model ‘Galaxy E8’ starts at 188,000 yuan in presale
Geely Galaxy’s first BEV model ‘Galaxy E8’ starts at 188,000 yuan in presale

On December 16, Geely Auto officially kicked off the global presale of the Galaxy E8, the first battery electric vehicle (BEV) model under its new energy vehicle range "Galaxy".

Dec. 18 , 2023