Industry News

Kaixin Auto unveils strategic plan for NEVs

Kaixin's shares rose about 20 percent in pre-market trading before narrowing to less than 4 percent. ...

Volkswagen ID. family sold 14,167 units in China in Nov, up 11% from Oct

This is the third consecutive month that the Volkswagen ID. family of electric vehicles has delivered more than 10,000 units in China. ...

GAC Aion delivered 14,566 vehicles in Nov, up 123% year-on-year

From January to November, the cumulative sales of GAC Aion exceeded 100,000 units, reaching 106,985 units. ...

WM Motor says it has raised $152 million in Series D2 funding

The financing was led by real estate developer Agile Property, bringing its total Series D funding to $457 million. ...

WM Motor delivered 5,027 vehicles in Nov, up 67% year-on-year

This is a new high for WM Motor's single-month deliveries, but only two more than the 5,025 units delivered in October. ...

Voyah delivered 1,139 vehicles in Nov, its fourth delivery month

Get ready for delivery volume data storm. ...

Volvo investigates after NEV fire puts automaker in spotlight

The vehicle was said to be a plug-in hybrid version of the Volvo XC90, and the accident caused severe damage to the car as well as the nearby vehicle. ...

Nio-backed used car trading platform Uxin to be included in MSCI index

Uxin will be included in the MSCI Global Small Cap Index - China Index, effective after the US stock market closes on November 30. ...

Jidu's first model to feature Qualcomm Snapdragon 8295 chip based on 5nm process

The Snapdragon 8295 chip has 30 Tops of NPU computing power for AI learning, which is twice that of Apple's A15 and 8 times that of the 8155 chip. ...

Faraday Future says it's confident of filing compliance plan with Nasdaq in near future

Faraday Future said there is no real risk of a stock delisting as long as it resumes regular on-time SEC filings in a timely manner. ...
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