China Auto Daily丨 Seres Eyes Hong Kong IPO, CATL Plans $5 Billion Listing
CPCA expects December's car retail sales to hit 2.7 million units, a 14.8% year-on-year increase. Seres plans to raise $1 billion through a Hong Kong IPO, while CATL considers a $5 billion listing.
China Automotive News · 2024-12-20
China Auto Daily丨 CATL Launches Two Standardized Chocolate Battery Swap Blocks
From December 1-15, China's new energy vehicle sales hit 536,000 units, showing a 71% year-on-year increase. Concurrently, GAC launched its flying car brand "GOVY," aiming for a 400-kilometer range.
cls · 2024-12-19
China Auto Daily丨 Avatr Secures Over 11 Billion Yuan in Series C Financing
Chinese auto market news about Avatr’s latest Series C financing, XPENG humanoid robots news, Geely participating in new energy tech and charging infrastructure, Huawei Car BU news, and Chery’s new model Fulwin A8L.
cls · 2024-12-18
XPENG AEROHT Achieves Unmanned Flight in Shanghai
XPENG AEROHT successfully completed an unmanned test flight in Shanghai on December 14th, showcasing the future of flying cars set to launch by 2026.
szhk · 2024-12-17
China Auto Daily丨 CITIC Securities Forecasts Bullish 2025 for China Automotive Industry
A GEVA study finds less than 1% of electric vehicle owners would revert to fuel cars, while CITIC Securities predicts automotive industry growth in 2025, and XPeng reconsiders its chip strategy due to delays.
cls · 2024-12-17
BYD Embraces AI and Robotics with New Research Center
BYD has established an Advanced Technology R&D Center focusing on AI-driven intelligent driving, smart cockpits, and dual-mode technologies, paving the way for the future of autonomous vehicles.
myzaker · 2024-12-17
China Auto Daily丨 The Exeed Sterra ET Extended Range AWD Hit the Market
The Exeed Sterra ET Extended Range AWD enters the market at a starting price of 239,800 yuan; FAW Hongqi joins CATL’s battery swapping alliance; BYD's Xi'an factory exceeds one million annual capacity for the first time; XPENG AEROHT aims to have users "take flight" by 2026.
cls · 2024-12-16
News Flash丨Xiaomi Auto to Commences Global Expansion
Xiaomi Automobile ramps up its overseas expansion efforts, establishing a new team to test and prepare for international vehicle sales. The SU7 model will be sold via Xiaomi Home stores.
myzaker · 2024-12-13
China Auto Daily丨 Seres Eyeing Hong Kong Listing, Potential $1 Billion Raise
Seres mulls a Hong Kong listing to raise over $1 billion. NIO Chairman William Li predicts sales doubling next year. Haitong Taicang RORO Terminal begins operations, exporting over 3,300 vehicles.
cls · 2024-12-13
China Auto Daily丨Volvo Celebrates 500,000th Vehicle Milestone at Daqing Plant
China's vehicle sales rose 11.7% year-on-year in November, while new energy vehicle sales grew by 47.4%, according to the China Association of Automobile Manufacturers (CAAM). Pony.ai and GAC Aion are set to launch a mass production Robotaxi platform in 2025. Volvo's Daqing plant rolls out its 500,000th vehicle, and Tesla Cybertruck completes energy consumption declaration in China.
cls · 2024-12-12