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NIO Capital invests in Chinese commercial vehicle startup Newrizon
NIO Capital invests in Chinese commercial vehicle startup Newrizon

Chinese new energy commercial vehicle manufacturer Newrizon today announced via its WeChat account that it has raised over 100 million yuan ($14.56 million) in its Series B+ financing round, which is backed by NIO Capital.

Feb. 20 , 2023
Changan Automobile plans to build battery joint venture with CATL, Changan New Energy
Changan Automobile plans to build battery joint venture with CATL, Changan New Energy

Chongqing Changan Automobile Co., Ltd. (“Changan Automobile”) announced on Feb. 17 it intends to build a battery joint venture with Chongqing Changan New Energy Automobile Co., Ltd. (“Changan New Energy”) and CATL.

Feb. 20 , 2023
Gasgoo Daily: Geely Holding, Hangzhou municipal government forge strategic cooperation
Gasgoo Daily: Geely Holding, Hangzhou municipal government forge strategic cooperation

With Gasgoo Daily, we will offer daily important automotive news in China.

Feb. 17 , 2023
China’s 2022 annual deliveries of imported passenger vehicles dip 18.2% YoY
China’s 2022 annual deliveries of imported passenger vehicles dip 18.2% YoY

For the entire year of 2022, there were 768,274 imported passenger vehicles (PVs) delivered across China, representing an 18.2% decrease year-on-year, according to Sinomach Automobile Co., Ltd.

Feb. 17 , 2023
Geely Auto announces name of fire new mid-to-high-end NEV series
Geely Auto announces name of fire new mid-to-high-end NEV series

Geely Auto Group’s all-new mid-to-high-end new energy vehicle (NEV) product series is named “Geely Yinhe” (translating to “Galaxy”), the auto group announced on Feb. 16 via its WeChat account.

Feb. 16 , 2023
Ford Mach-E undergoes 2023’s first OTA upgrade in China
Ford Mach-E undergoes 2023’s first OTA upgrade in China

On February 15, Ford announced that it has launched its first OTA upgrade of the Mach-E for Chinese users this year. This OTA upgrade includes two new features related to internet module and parking.

Feb. 16 , 2023