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V2X developer PATEO nabs several hundred million yuan of strategic investment
V2X developer PATEO nabs several hundred million yuan of strategic investment

China’s V2X solution developer PATEO recently bagged several hundred million yuan in a strategic investment round by Rui’an Fuhai Equity Investment Fund.

Nov. 12 , 2022
BYD teams up with LEAL Group to bring new energy passenger vehicles to Mauritius
BYD teams up with LEAL Group to bring new energy passenger vehicles to Mauritius

BYD Auto Industry Company Limited ("BYD") recently announced a partnership with LEAL Group, a major car dealership group in Mauritius, to promote its new energy passenger vehicle in the local market.

Nov. 11 , 2022
Audi announces dedicated charging station for Chinese market
Audi announces dedicated charging station for Chinese market

Audi showcased its first all-electric sports flagship model, the Audi RS e-tron GT, at the 5th China International Import Expo ("CIIE"), with the brand's dedicated charging station announced synchronously.

Nov. 11 , 2022
Dongfeng Motor Group sees 3% YoY rise in Jan.-Oct. passenger vehicle sales
Dongfeng Motor Group sees 3% YoY rise in Jan.-Oct. passenger vehicle sales

In October, Dongfeng Motor Group Company Limited (Dongfeng Motor Group) sold 217,757 vehicles, representing a 4.4% decrease from a year ago.

Nov. 11 , 2022
GAC Capital leads C2 financing round of autonomous driving startup Holomatic
GAC Capital leads C2 financing round of autonomous driving startup Holomatic

China’s autonomous driving solution developer Holomatic announced this week the completion of its C2 financing round, which was led by GAC Capital.

Nov. 11 , 2022
China deploys 4.708 million EV charging piles by Oct. 2022
China deploys 4.708 million EV charging piles by Oct. 2022

By the end of Oct. 2022, there had been 4.708 million charging piles deployed across China, up 109% compared to the cumulative volume reached by the same period of last year.

Nov. 11 , 2022