XPeng Motors: Volkswagen Completes Over $700 Million Investment
On December 6th, XPeng Motors announced that Volkswagen's investment in XPeng has been completed, with a subscription amount of approximately $705.6 million.
Category: Auto
Showing 12 of 1695 posts in this category
NIO's New Factory to Produce EV Models from Third Sub-Brand
Chinese electric vehicle maker NIO's new factory will be located in Chuzhou Economic Development Zone, Anhui Province, a province in the East of China, to produce EV models from the company's third brand.
2/21/20233 min read
JD Auto Reaches Strategic Cooperation With Prinx
JD Auto, an online car selling platform operated by Chinese e-commerce giant JD.com, on July 27 formally signed a strategic cooperation agreement with EV tire brand Prinx.
8/5/20222 min read
Geely Auto to Buy Stake in Renault Korea Motors
Geely Auto Group, a private Chinese auto company owned by Geely Holdings, announced on Tuesday that it has signed a share subscription agreement with Renault Korea Motors, the South Korean subsidiary of Renault Group.
5/10/20222 min read
Porsche China Recalls 6,172 Imported Taycan Electric Vehicles
According to the State State Administration for Market Regulation on Friday, Porsche China will recall a total of 6,172 models from its 2020-2021 series of imported Taycan pure electric vehicles.
6/17/20222 min read
BYD Releases Its First PHEV Pickup Truck SHARK
On May 15th, BYD held a press conference in Mexico to officially launch the "SHARK" pickup truck, which will be sold in the Americas, Australia and other regions in the future.
XPeng Reports $0.96B Q3 Revenue, US Stock Price up 6.53%
XPeng, a leading Chinese electric vehicle company, on November 30 announced its unaudited financial results for the third quarter of 2022. Its total revenues were 6.82 billion yuan ($0.96 billion) for the third quarter, representing a year-on-year increase of 19.3%.
11/30/20223 min read
Chinese Internet Security Firm Qihoo 360 to Spend $451 Million for 16.6% Equity of Hozon Auto
Chinese internet security firm Qihoo 360 Technology announced on Monday that the company plans to invest 2.9 billion yuan ($451 million) in Hozon Auto, which also operates a car brand called NETA Auto.
10/19/20212 min read
Xiaomi Automobile Tongzhou Base Enters the Final Stage of Production
On September 12th, it was reported that Xiaomi's automobile production base in Tongzhou had entered the final stage of production debugging.
CEO of Electronics Giant Foxconn Expresses Hopes to Produce Tesla EVs
Young Liu, Chairman and CEO of Taiwan-based electronics manufacturing giant Foxconn, affirmed during the firm's annual Hon Hai Tech Day on October 18 that "I hope one day we can produce electric cars for Tesla."
Geely's Geometry Auto to Use Huawei HarmonyOS in New EV
Geometry Auto, a new energy vehicle brand under Chinese auto firm Geely, officially announced on August 4 that it has reached a cooperation with Huawei's HarmonyOS to create a new intelligent automotive ecology.
8/4/20222 min read
Huawei Plans to Export Intelligent Vehicles and Collaborate with IAT Automobile in Overseas Markets
On October 30th, Huawei Intelligent Automotive team visited IAT Automobile and reached a consensus on conducting overseas cooperation.
11/2/20232 min read