
Evergrande Auto Orders Staff to Take Paid Leave until October 31st
Many Evergrande Auto employees said their department has asked them to take leave after China's seven-day National Day Holiday until October 31st.
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Many Evergrande Auto employees said their department has asked them to take leave after China's seven-day National Day Holiday until October 31st.

Chinese carmaker Geely unveiled a new line of high-end electric cars on February 23 as part of a push to make up lost ground. The new Galaxy lineup will include seven models over the next two years, including four long-range hybrids and three pure electric cars.

On Monday, the government of Xiangyang City, located in Hubei Province, signed a strategic cooperation agreement with Chinese EV maker BYD.

On August 1, BYD announced its cooperation with Hedin Mobility, a leading dealer group in Europe, to provide high-quality new energy vehicles for Sweden and Germany.

At 3:00 in the morning on December 23, a new energy vehicle parked on Gangfeng Road, Haikou, Hainan caught fire, affecting nearby vehicles and buildings.

On February 18, XPeng Motors CEO He Xiaopeng sent a letter to all employees. There will be two new cars in 2024, with plans for around 30 products within three years.

Evergrande New Energy Vehicle Investment Holding Group Co., Ltd., an automobile business arm of Evergrande, recently added new information regarding its listing as a judgment debtor.

Beijing-based WeLion New Energy is working with electric vehicle maker NIO to launch a hybrid solid-liquid electrolyte battery with a range of 1,000 kilometers on a single charge and based on the ET7 model.

According to an announcement released Thursday by automaker BYD, the company and its holding subsidiary BYD Precision Manufacturing plan to increase capital contributions to BYD Auto Finance.

Chinese new energy vehicle firm XPeng Motors is reportingly conducting organizational restructuring and layoffs across many departments.

The website of Tesla China shows that the estimated delivery time for the rear-wheel drive version of its Model Y has been reduced to 1-4 weeks from the previous 4-8 weeks.

SsangYong Motor said on Tuesday that it had signed a power battery R&D contract and a memorandum of understanding on technical cooperation in the independent production of battery packs with Chinese car manufacturer BYD.