
Geely Establishes Joint Venture Ruilan Auto to Tap Battery-Swapping Market
Geely Auto Group announced on Monday that a joint venture company it established with Lifan Technology has completed industrial and commercial registration procedures.
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Geely Auto Group announced on Monday that a joint venture company it established with Lifan Technology has completed industrial and commercial registration procedures.
NEV brand WM Motor announced on Wednesday that due to factors including rising parts prices, the production schedule and price of some models will be adjusted from March 1.
Hozon Auto has recently completed a new round of financing of more than 2 billion yuan ($316 million).
Chinese carmaker Geely Auto Group said that its revenue in the first half of the year reached 45 billion yuan ($6.92 billion), a year-on-year increase of 22%, while net profit was 2.41 billion yuan.
A recent report analyzing the performance of auto firms has concluded that Mercedes-Benz, XPeng and Great Wall Motors’ WEY brand lead the Chinese market in their respective categories.
At the Guangzhou Auto Show on Friday, XPeng announced that it has entered into a strategic partnership with Qualcomm and signed a Memorandum of Understanding for strategic cooperation.
On June 6th, Li Xiang, the CEO of Li Auto, forwarded a message from a relevant blogger and stated that in addition to child mode, OTA 4.5's voice system has switched to fully self-developed algorithms.
On January 28, Gan Jiayue, the CEO of Chinese automaker Geely, set the general tone for the development of the company in 2023, emphasizing "speed, pushing limits and unlimited imagination."
Seres revealed on Tuesday that its AITO M5 electric vehicle (EV) model, jointly developed with Huawei, will be delivered "in large quantities" in March 2022.
Shenzhen-based automotive firm BYD released a financial report on August 29, showing that its revenue in the first half of this year reached 150.607 billion yuan ($21.8 billion), a year-on-year increase of 65.71%.
Chinese automaker BYD held a media event in Mexico on November 29, during which the firm's Han sedan and Tang SUV debuted in the country. These vehicle models are expected to be launched in Mexico in 2023.
On Monday, Shenzhen-based automaker BYD announced a recent order it has secured from VEMO, the largest new energy transportation operator in Mexico.