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.

China's subsidies for NEVs set to decline next year, and this is what Nio is offering to year-end buyers

China's subsidies for NEVs will be reduced by 30 percent next year, and Tesla decided last week to let consumers immediately bear the cost increase.

Leapmotor monthly vehicle delivery data update

This is Leapmotor's monthly delivery data.

Neta delivered 10,013 vehicles in Nov, surpassing 10k for first time

Neta is now offering three models in China, all starting at under RMB 100,000.

Huawei, Tsinghua University sign deal to collaborate on smart cars

Huawei and Tsinghua University have signed three long-term research cooperation agreements to jointly tackle key technology issues in the auto field.

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.

Huawei secures land in Dongguan for auto parts making project

The land will be used for a smart car component manufacturing project with a total investment of no less than RMB 2.4 billion.

Nio adds 10 swap stations, bringing total to 678

As of November 30, Nio had 678 battery swap stations and 516 supercharging stations, providing 2,940 charging piles.
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