WM Motor Receives $152 Million in D2 Round Financing
WM Motor, a smart electric vehicle manufacturer, announced that it had received $152 million in its D2 round financing.
12/1/20213 min read
Tag: #automotive industry
Showing 12 of 758 posts with this tag
BYD's Fifth-Generation DM Hybrid Technology to Pioneer Fuel Consumption Below 3L/km
Models equipped with the fifth-generation DM hybrid technology will have fuel consumption as low as less than 3 liters per 100 kilometers.
XPeng Launches “Game-Changing” New P5 Sedan for Chinese Market, Plans for European Model Underway
Initially available only for orders in China, with deliveries expected by the end of October, company employees have indicated plans to develop another version for the European market sometime in the next year.
9/16/20213 min read
CATL Advances $4.4B New Energy Industrial Park Project
Leading Chinese battery firm CATL held an event regarding trial production of the Brunp Recycling Project and the commencement of a new phase in the CATL-BRUNP Integrated New Energy Industrial Park, which has total investment of 32 billion yuan ($4.42 billion).
9/28/20223 min read
First Look at Geely's New Medium-Sized MPV LEVC TX5
Geely's new SUV LEVC TX5 has been revealed. Compared with the previously released commercial version of the TXN, which focused on commercial operations, this new SUV will focus on the 7-seat medium-sized MPV market for home use.
8/16/20223 min read
NIO Unveils Patent for Cylindrical Batteries
An Anhui subsidiary of Shanghai-based new energy vehicle firm NIO released a patent regarding a "cylindrical battery" on Tuesday. This patent is expected to solve the problem of a low utilization rate in the effective height of a battery cell.
6/17/20223 min read
Tesla China Recalls 127,785 Imported and Domestically Manufactured Model 3s
The Beijing and Shanghai branches of American electric vehicle maker Tesla filed a recall plan with China's state regulator a few days ago, involving 127,785 imported and domestically manufactured Model 3s.
4/7/20222 min read
Great Wall Motor Unveils European Headquarters in Munich
Last Thursday, Chinese automobile manufacturer Great Wall Motor (GWM) announced the official opening of its German subsidiary in Munich.
11/24/20212 min read
Chinese Auto Chip Firm SemiDrive Secures Nearly $139M in Round-B+ Financing
SemiDrive, a Nanjing-based chip firm, announced on November 28 that it has completed round-B+ financing totaling nearly 1 billion yuan ($139 million).
11/28/20222 min read
JIDU Raises Nearly $400 Million in Series A Financing, Mass-production to Begin in 2023
Chinese tech giant Baidu's intelligent electric vehicle arm, JIDU, announced that it has closed a Series A round of financing, raising nearly $400 million.
BYD and Daimler's JV Launches High-End D9 MPV
Denza, a joint venture established by BYD and Daimler AG, officially launched the D9 MPV model on the evening of August 23.
8/24/20223 min read
BYD Delivers Philippines’ Largest Pure Electric Fleet, Including T3 and E2 Models
Chinese electric vehicle manufacturer BYD announced that it has recently delivered the largest pure electric vehicle fleet to Manila, the capital of the Philippines.
12/15/20212 min read