Analysts say Zeekr's independent financing plan good for Geely's valuation
Zeekr, the electric vehicle brand of Chinese automaker Geely Group, announced last week that it will raise money independently, a move that analysts see as smart.
Xpeng's cumulative sales revenue in Norway has exceeded $15 million
Although still a small percentage of its total revenue, Norway's contribution to Xpeng Motors' revenue is no longer negligible.
Geely gets patent for wireless charging for cars
Zhejiang-based automotive giant Geely recently disclosed a new patent that enables wireless charging of vehicles.
Dongfeng Motor's premium EV brand Voyah is attracting talent with super high salaries
Voyah has posted several positions with annual salaries exceeding RMB 600,000 ($92,881). By comparison, the average annual salary in Beijing in 2020 was RMB 77,560, official data showed.
Higher oil prices seen as boon to new energy vehicle industry
While attention is focused on China's fast-growing new energy vehicle industry, an unnoticed phenomenon is providing a new boost to the industry's growth - international oil prices have reached a nearly three-year high level.
Xpeng unveils some design details of G3i
As the G3i, a facelift of its compact SUV G3, gets closer to launch, Xpeng Motors has released more information about the vehicle.
Xpeng's new SUV G3i said to go on sale on July 9
The new car will continue to be available in 460-kilometer as well as 520-kilometer range versions, the same as the current G3.
Baidu's carmaking arm Jidu hires former Cadillac designer
Jidu Auto, the carmaking arm of Chinese search engine and AI giant Baidu, has hired former Cadillac executive Frank Wu to lead its design studio.
Founder of CATL, battery supplier to Nio and Tesla, becomes world's 30th richest person
Robin Zeng, 52, has a net wealth of $43.9 billion, according to the Forbes Real-Time Billionaires List, making his debut in the top 30.
CICC raises CATL price target after new deal with Tesla
China's top CICC raised its price target on local power battery giant CATL after the company announced Monday that it has extended its battery supply agreement with Tesla.