Industry News
GAC Aion posts sales of 13,586 units in Sept, up 124% year-on-year
GAC Aion said it received orders for 19,709 units in September, another record high.
Chongqing Sokon, Huawei's partner in auto sector, sold 3,987 NEVs in Sept, up 83% year-on-year
Chongqing Sokon produced 4,243 NEVs in September, up 114 percent year-on-year.
Faraday Future dismisses short-selling report as nonsense
"Watch out, J Capital Research. It's not the first time you have made a fool of yourself," Faraday Future founder Jia Yueting wrote in both Chinese and English.
Faraday Future named as 'New EV Scam' in short-selling attack
"We don't think Faraday Future (FFIE), an EV SPAC, will ever sell a car. "
WM Motor expects to raise $500 million in new financing
This includes $300 million in Series D1 financing and $200 million in Series D2 financing, which is expected to accelerate the company's overseas IPO.
WM Motor sold 5,005 vehicles in Sept, up 115.8% year-on-year
As one of the most talked about new car makers in China, WM Motor has been questioned for lagging behind its peers as it previously stopped releasing sales figures.
VW ID. series deliveries in China reached 10,126 in Sept, up 44% from Aug
After Nio, Xpeng Motors, there is a new member of the 10k club.
Dongfeng's premium EV brand Voyah delivered 908 vehicles in Sept
This is the second delivery month for Voyah, which has delivered a total of 1,316 vehicles in the past two months.
Geely chairman's phone-making company officially established
The company will be headquartered in Wuhan and aims to make high-end smartphones to serve the global market.
Geely aims to have 5,000 battery swap stations by 2025
Unlike Nio, which offers battery swap technology to the general consumer, Geely's battery swap stations are aimed at the cab market.