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Dongfeng Motor’s premium EV brand VOYAH to foray into Norway in June 2022
Dongfeng Motor’s premium EV brand VOYAH to foray into Norway in June 2022

On February 17th, VOYAH, the premium EV brand of Dongfeng Motor, officially announced its foray into the European market through Norway, becoming China's first state-owned new energy vehicle brand to expand globally.

Feb. 17 , 2022
SAIC Motor eyes annual sales of 120,000 vehicles in Europe in 2022
SAIC Motor eyes annual sales of 120,000 vehicles in Europe in 2022

SAIC Motor will vigorously advance its deployment in the European market with the aim of selling over 120,000 new vehicles and deploying more than 1,200 sales and service outlets in 2022, the automaker said on Feb. 12.

Feb. 17 , 2022
Gasgoo expects China’s passenger vehicle sales to reach 22.55 million
Gasgoo expects China’s passenger vehicle sales to reach 22.55 million

In 2022, China’s passenger vehicle (PV) sales are expected to reach 22.55 million units while the sales volume of new energy PVs will amount to 4.8 million with a share of 21%, according to a report by Gasgoo Auto Research Institute.

Feb. 17 , 2022
Toyota-backed auto battery maker PPES raising production capacity in China’s Dalian
Toyota-backed auto battery maker PPES raising production capacity in China’s Dalian

Prime Planet Energy & Solutions (PPES), a battery joint venture between Toyota Motor Corporation (Toyota) and Panasonic Corporation, is ready to ramp up its production capacity of automotive batteries in China.

Feb. 16 , 2022
XPeng invests in Xiaomi-backed SiC supplier InventChip
XPeng invests in Xiaomi-backed SiC supplier InventChip

China’s semiconductor supplier InventChip Technology announced on February 16th that the company has received a strategic investment from the prominent EV maker, XPeng.

Feb. 16 , 2022
Trunk.Tech completes Series B financing round led by BAIC Group
Trunk.Tech completes Series B financing round led by BAIC Group

China’s commercial vehicle autonomous driving developer, Trunk.Tech has completed its Series B financing round led by BAIC Capital, the venture capital of BAIC Group.

Feb. 16 , 2022