NETA Auto Initiates Hong Kong IPO Preparation, Secures Cornerstone Investment Exceeding 2 Billion Yuan
Chinese EV maker NETA Auto initiated preparations for its Hong Kong IPO in Q4 last year, with cornerstone investment exceeding 20 billion RMB.
Category: Auto
Showing 12 of 1692 posts in this category
Li Auto Releases L9 Pro version, Simplifies Configuration and Lowers the Price to Seize the Market
On August 3rd, Li Auto officially released another version of its six-seater SUV L9 model - the L9 Pro, with a price of 429,800 yuan(60,173 US Dollar), which is 30,000 yuan (4,200 US Dollar) cheaper than the L9 MAX version priced at 459,800 yuan (64,373 US Dollar).
8/4/20234 min read
Former XPeng Assistant to CEO Joins Avatr
Li Pengcheng, the former assistant to the CEO of XPeng Motors, will join Avatr Technology after China's upcoming Spring Festival holiday.
1/13/20233 min read
BYD Surpasses Tesla to Rank Top in Global EV Sales in H1
Chinese EV maker BYD sold 641,400 new energy vehicles in the first half of 2022, up 315% year-on-year. BYD continues to maintain its leading position in the domestic EV market, and has surpassed Tesla to become the leading EV company by sales.
NIO CEO Li Bin Considers Collaborating with European Local Companies to Establish Factories
The company will also consider cooperating with a local manufacturer to build a factory in Europe, but NIO first needs to increase its sales in Europe, says Li Bin.
5/24/20242 min read
Ford Confirms CATL and BYD As Battery Suppliers
At their recent investor conference, Lisa Drake, Chief Operating Officer of Ford Motor, said that Ford will maintain its cooperation with five battery suppliers.
12/7/20212 min read
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.
1/25/20222 min read
WM Motor Raises Price of Some NEV Models
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.
3/3/20223 min read
Hozon Auto Completes Financing, Plans to List This Year
Hozon Auto has recently completed a new round of financing of more than 2 billion yuan ($316 million).
2/21/20223 min read
Geely Plans to Sell 3.65 Million Vehicles in 2025
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.
8/20/20213 min read
Report Identifies 2021 Tech Leaders in Chinese Auto Market: Mercedes, XPeng and WEY
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.
8/13/20213 min read
Xpeng Motors Reaches Agreement with Qualcomm at Guangzhou Auto Show; G3 Car Owner Stirs Trouble
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.
11/19/20212 min read