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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

China Auto Daily丨Chinese Auto Parts Exports Increase by 8.12% YoY

China’s auto exports reached 762.97 billion yuan, a year-on-year increase of 16.9% in the first 11 months. Changan introduces the new C798 model, and CATL partners with Stellantis for a 4.1 billion euro battery factory.

China Automotive News · 2024-12-11

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