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SVOLT bags 7.5 billion yuan worth of credit line from multiple banks
SVOLT bags 7.5 billion yuan worth of credit line from multiple banks

On October 25, Chinese power battery supplier SVOLT Energy Technology Co., Ltd. (“SVOLT”) signed an agreement with a group of banks, who agreed to grant SVOLT a credit line worth 7.5 billion yuan.

Oct. 26 , 2023
NIO Capital invests in Chinese smart auto closure solution supplier INGIN Technology
NIO Capital invests in Chinese smart auto closure solution supplier INGIN Technology

INGIN Technology, a Chinese smart closure solution provider for automobiles, recently announced the successful completion of its Series C+ financing round, which raised for the company nearly 100 million yuan.

Oct. 26 , 2023
Gasgoo Daily: AVATR 12 to hit market on November 10
Gasgoo Daily: AVATR 12 to hit market on November 10

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Oct. 26 , 2023
Tesla starts delivering refreshed Model 3 in China
Tesla starts delivering refreshed Model 3 in China

Tesla announced on October 26 that the refreshed version of the Model 3 has officially begun deliveries in China.

Oct. 26 , 2023
AITO M9 bags over 15,000 pre-orders so far
AITO M9 bags over 15,000 pre-orders so far

AITO, the premium new energy vehicle brand jointly developed by SERES and Huawei, on October 25 announced that its latest flagship, the M9 large-size smart SUV, has already amassed over 15,000 pre-orders.

Oct. 26 , 2023
CATL, Zhongcheng Dayou forge partnership on energy storage project
CATL, Zhongcheng Dayou forge partnership on energy storage project

CATL recently signed a strategic cooperation agreement with Zhongcheng Dayou to co-work on an energy storage project, according to a press release the power battery giant issued on October 25.

Oct. 26 , 2023