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Chinese internet security firm Qihoo 360 Technology announced on Monday that the company plans to invest 2.9 billion yuan ($451 million) in Hozon Auto, which also operates a car brand called NETA Auto.
The BYD Seal vehicle will begin mass production this month, with an estimated monthly capacity of 15,000 units.
Chinese automaker NIO on Monday released a portable charging and discharging integrated machine that aims to meet a variety of needs.
China will extend its exemption of new energy vehicles from purchase taxes to the end of 2023, according to results of the State Council executive meeting on August 18. This is the third time that China has extended the policy.
On August 8, the southern Chinese metropolis of Guangzhou put a first batch of 24 hydrogen-powered sanitation trucks into operation in its Huangpu District.
Recently, China's first all-electric shared EV charging robot system developed by the State Grid Suzhou Power Supply Company was put into operation in Suzhou, Jiangsu Province.
BYD's Qin Plus DM-i Executive Edition has entered the market with a price tag of $24,853. The new car still maintains the current model design, equipped with a special 1.5 L high-efficiency engine and a pure electric cruising range of 55 km.
Huawei's car-making partner Chongqing Sokon Group announced on July 11 that it has submitted a proposal to change the company's name to Seres Group Co., Ltd. Seres is a new energy vehicle brand owned by Sokon.
According to the post by an automotive industry blogger on September 6, the one millionth passenger car of BYD so far in 2022 has officially been shipped, and company founder Wang Chuanfu celebrated this achievement with employees on the scene.
On December 8, China's National Big Data Alliance of New Energy Vehicles released mileage data regarding new energy vehicles in November, suggesting NEVs drove 9.8 billion km last month, up 46.32% year-on-year.
Some data linked to users' personal privacy of Chinese new energy vehicle maker NIO was stolen by criminal gangs. Regarding this, Long Lu, the Global Head of Digital Safety & Security at NIO, issued a statement on December 20 and confirmed the incident.
Chongqing Changan New Energy Vehicle Inc. (Changan NEV) on Monday announced the completion of round-B financing totaling 4.977 billion yuan ($786.5 million).