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NOVAUTO nabs hundreds of millions of yuan in Pre-B financing
NOVAUTO nabs hundreds of millions of yuan in Pre-B financing

On May 9, NOVAUTO announced the completion of Pre-B round financing, which raised for the company hundreds of millions of yuan.

May 10 , 2024
Chery EXEED puts STERRA ET SUV onto market, starting at 189,800 yuan
Chery EXEED puts STERRA ET SUV onto market, starting at 189,800 yuan

On May 9, Chery's premium brand EXEED officially put the STERRA ET new energy SUV onto the market. Since the start of pre-sales on April 15, as of 6:00 pm on May 9, the STERRA ET received 18,397 fixed orders, said Chery.

May 10 , 2024
MotionSilicon team up with arm China for auto chips R&D
MotionSilicon team up with arm China for auto chips R&D

MotionSilicon recently announced a collaboration with arm China.

May 10 , 2024
Dongfeng Motor Group achieves 11.32% YoY rise in Jan.-Apr. auto sales
Dongfeng Motor Group achieves 11.32% YoY rise in Jan.-Apr. auto sales

In April 2024, Dongfeng Motor Group Company Limited (Dongfeng Motor Group) sold 142,625 vehicles, which is 129 units more than that of a year ago, according to the automaker’s announcement on May 9.

May 9 , 2024
GAC Group sees Apr. 2024 wholesales slide 24.78% YoY
GAC Group sees Apr. 2024 wholesales slide 24.78% YoY

GAC Group reported automobile wholesales totaling 133,313 units in April 2024, marking a 24.78% decline year-over-year.

May 9 , 2024
HYCAN ships first batch of cars overseas
HYCAN ships first batch of cars overseas

Recently, HYCAN, a Chinese new energy vehicle maker partly backed by GAC Group, officially dispatched its first batch of exported cars from Hangzhou.

May 9 , 2024