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Geely, Linglong Tire set up joint digital lab for tire technology development
Geely, Linglong Tire set up joint digital lab for tire technology development

Geely Automobile Research Institute and Linglong Tire jointly announced the establishment of the "Geely Engineering Center & Linglong Technology Center TIH Laboratory" on June 13.

Jun. 14 , 2023
China’s Fujian Province issues policies to boost NEV industry development
China’s Fujian Province issues policies to boost NEV industry development

The Fujian Provincial Department of Industry and Information Technology, along with nine other departments, recently issued the "Implementation Opinions on Fully Promoting the Construction of 'Electric Fujian' (2023-2025)".

Jun. 14 , 2023
SAIC Volkswagen puts Lavida XR onto market, starting at 99,990 yuan
SAIC Volkswagen puts Lavida XR onto market, starting at 99,990 yuan

On June 13, SAIC Volkswagen's Lavida family has officially launched its latest entry-level model - the Lavida XR. The new car comes with two trim levels, which are priced at 99,990 yuan and 109,990 yuan, respectively.

Jun. 14 , 2023
Saudi Arabia, Human Horizons sign $5.6 billion worth of agreement to build automotive joint venture
Saudi Arabia, Human Horizons sign $5.6 billion worth of agreement to build automotive joint venture

Saudi Arabia and Chinese electric vehicle manufacturer Human Horizons have entered into a significant partnership, with the Saudi Arabian government agreeing to invest $5.6 billion in the collaboration, according to the MISA.

Jun. 13 , 2023
Chinese auto supplier Beijing West Smart Mobility raises 2 billion yuan in Series A financing
Chinese auto supplier Beijing West Smart Mobility raises 2 billion yuan in Series A financing

Beijing West Smart Mobility Zhangjiakou Automotive Electronics Co., Ltd., a Chinese supplier of automobile chassis suspension and braking systems, announced the completion of a Series A funding round that raised 20 billion yuan.

Jun. 13 , 2023
VOYAH nabs 15-billion-yuan credit line from six banks
VOYAH nabs 15-billion-yuan credit line from six banks

VOYAH, the premium new energy vehicle brand of Dongfeng Motor, announced today it has secured a 15-billion-yuan credit line from six banks and formed a strategic partnership with the Wuhan Economic and Technological Development Zone Investment Group.

Jun. 13 , 2023