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Sunwoda’s EV battery business scores 584.67% YoY hike in 2021 revenue
Sunwoda’s EV battery business scores 584.67% YoY hike in 2021 revenue

Sunwoda Electronic Co., Ltd. (“Sunwoda”) announced earlier this week it earned around 2.933 billion yuan ($461.145 million) worth of annual revenue from its electric vehicle (EV) battery business, rocketing 584.67% hike compared to 2020.

Apr. 13 , 2022
China's autonomous driving startup Leadgentech.ai closes Pre-A+ round
China's autonomous driving startup Leadgentech.ai closes Pre-A+ round

China’s autonomous driving startup Leadgentech.ai has closed its Pre-A+ investment round raising dozens of millions of yuan, led by a famous logistics group.

Apr. 13 , 2022
China's autonomous driving company ZongmuTech joins hands with PhiGent Robotics
China's autonomous driving company ZongmuTech joins hands with PhiGent Robotics

China’s autonomous driving developer ZongmuTech has partnered with Beijing PhiGent Robotics Technology Co., Ltd. (PhiGent) on April 13th.

Apr. 13 , 2022
China imported PV deliveries drop 14.4% YoY in Jan.-Feb. 2022
China imported PV deliveries drop 14.4% YoY in Jan.-Feb. 2022

For the first two months of 2022, there were 130,488 imported passenger vehicles (PVs) delivered across China, representing a 14.4% decrease year-over-year.

Apr. 13 , 2022
Dongfeng Motor Group to acquire Dongfeng Peugeot Citroen Auto Finance Company in whole
Dongfeng Motor Group to acquire Dongfeng Peugeot Citroen Auto Finance Company in whole

On April 12th, Dongfeng Motor Group Co., Ltd. (DFM) announced that the company has struck a deal to acquire a 75% of stake in Dongfeng Peugeot Citroen Auto Finance Co., Ltd. (DPCAFC) from PFN and Dongfeng Peugeot Citroen Automobile (DPCA).

Apr. 13 , 2022
Gasgoo Daily: ​BYD’s Haibao (Seal) to offer up to 700km of range
Gasgoo Daily: ​BYD’s Haibao (Seal) to offer up to 700km of range

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Apr. 12 , 2022