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 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 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 Chery Recorded Monthly High in November Sales
Chinese brands achieved 2.16 million overseas sales from January-October 2024, while global NEV sales are forecasted to grow by 24.8% in 2024.
cls · 2024-12-03
China Auto Daily丨 Shanghai Automobiles Exceed 1 Million Exports in 10 Months
Shanghai's Waigaoqiao Port exported 1.077 million cars in the first 10 months of 2024. Freetech filed for IPO while Huawei's HarmonyOS-driven vehicles reached 500,000 deliveries.
cls · 2024-11-27
China Auto Daily丨 Optimistic Investment in Chinese Auto Brands, Says UBS
In October 2024, Chinese passenger car sales reached 1.931 million units, a 12.9% month-on-month increase. UBS remains optimistic about Chinese auto brands, while BYD plans to launch a new Blade battery in 2025.
China Automotive News · 2024-11-26
China Auto Daily丨 China Plans New Car Trade-In Policies for 2025
The Ministry of Commerce is planning next year's car trade-in policies, aiming to sustain market expectations and improve automotive-related regulations to encourage second-hand vehicle transactions.
cls · 2024-11-22
China Auto Daily丨 Xpeng Q3 Revenue Surges to 10.1 Billion Yuan
BYD expands its Shenshan Automobile Industrial Park's fourth phase, Xpeng’s strong Q3 financial reports, Xpeng AeroHT and Hainan join hands, Zeekr announced latest driving assistance system, Avatr 11 and Exeed Exlantix ET launched new versions.
cls · 2024-11-20
Avatr Opens First Thai Showroom
On November 5th, Avatr inaugurated its first showroom in Thailand and delivered the initial batch of 100 right-hand-drive Avatr 11 models, marking a significant step in its global expansion strategy.
xcar · 2024-11-11
China Auto Daily丨 Horizon JourneyTM 6 Secures BYD Partnership
Horizon Robotics’ Journey 6 secures BYD partnership with integration planned by 2025. BYD accelerates smart driving tech, and DEEPROUTE.AI completes $100M C1 financing round. Flying cars dominate the seventh CIIE.
cls · 2024-11-06