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SVOLT, a GWM (Great Wall Motor)-linked Chinese power battery maker, has secured 6 billion yuan ($942.11 million) in a B+ funding round, the company announced a few days ago via its WeChat account.
Dec. 13 , 2021With Gasgoo Daily, we will offer daily important automotive news in China.
Dec. 10 , 2021Regarding the Jan.-Nov. installed power battery capacity, CATL and BYD together accounted for 68% of the country's total volume.
Dec. 10 , 2021The commercial vehicle subsidiary of BAIC Group, Foton, announced that its subsidiary Beijing Borgward received a court-ordered seizure for its RMB2.2 billion worth of assets, petitioned by creditors.
Dec. 10 , 2021NIO installed its 700th battery swap station in China on Dec. 10, hitting its annual target ahead of schedule, according to NIO’s press release.
Dec. 10 , 2021The Tesla Model 3, currently one of hotter-selling all-electric sedan model in China, will soon get two new versions with lower e-motor power outputs, according to the Ministry of Industry and Information Technology (MIIT)’s documents.
Dec. 10 , 2021










