Industry News

Chinese regulator calls on EV industry players to address challenges posed by cold weather

A Chinese regulatory body has asked industry players to first ensure that users can use their vehicles properly.

Didi announces it will delist from US, starts preparations for HK listing

Didi announced today that it is starting the process of delisting from the New York Stock Exchange with immediate effect and initiating preparations for a listing in Hong Kong.

Hongguang Mini EV sold 45,576 units in Nov, up 22% year-on-year

Wuling's GSEV (Global Small Electric Vehicle) architecture-based model sold a total of 50,141 units in November.

CITIC Securities expects high boom for China's new carmakers to continue in next two months

CITIC Securities expects sales of Nio, Xpeng and Li Auto to reach 162,000, 200,000 and 147,000 units, respectively, in 2022.

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.
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