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Ganfeng Lithium breaks ground on lithium battery materials plant in Fengcheng
Ganfeng Lithium breaks ground on lithium battery materials plant in Fengcheng

On May 23, Jiangxi Ganfeng Lithium Co., Ltd. (“Ganfeng Lithium”), one of the world's top producers of battery-grade lithium, broke ground on its new lithium battery materials manufacturing base in Fengcheng city.

May 26 , 2022
Tencent, Alibaba-backed ride-hailing firm T3 Mobility said to seek RMB5 billion investment
Tencent, Alibaba-backed ride-hailing firm T3 Mobility said to seek RMB5 billion investment

China’s Tencent and Alibaba Group-backed online ride-hailing platform, T3 Mobility, is reportedly seeking at least RMB5 billion ($750 million) in its latest financing round, several media outlets reported on May 25th.

May 26 , 2022
Shenzhen issues measures to boost automobile consumption
Shenzhen issues measures to boost automobile consumption

South China's metropolis of Shenzhen has released a slew of measures to spur automobile sales, according to a governmental document posted on the official website of Shenzhen's municipal government.

May 26 , 2022
Car and City: HOZON Auto tops other Chinese NEV startups by April 2022 registrations
Car and City: HOZON Auto tops other Chinese NEV startups by April 2022 registrations

In terms of the April registrations of locally-produced new energy passenger vehicles (NEPVs), NETA ranked fifth among all auto brands in China, the highest one among Chinese NEV startups.

May 26 , 2022
Changzhou CTW Electronics completes A round funding
Changzhou CTW Electronics completes A round funding

Changzhou CTW Electronics Co., Ltd. (“CTW”), a Chinese supplier of connectors, antennas and cable assembly products, recently closed its Series A financing with tens of millions of yuan raised, according to a post on the company's WeChat account.

May 25 , 2022
HUAWEI plans to sell AVATR 11 model in offline stores
HUAWEI plans to sell AVATR 11 model in offline stores

HUAWEI has allocated over 1,000 intelligent driving talents to work with AVATR’s engineers in Chongqing for the development of AVATR’s first production model, the AVATR 11, Changan Automobile disclosed in a conference call.

May 25 , 2022