Tag: million

China has over 30 million new energy vehicles running on roads by 2024

China's Motor Vehicle Landscape in 2024 Shanghai (Gasgoo)- According to the Ministry of Public Security in China, there…

Neta reportedly received 818 million USD injection – to double overseas sales

Neta, a troubled Chinese car maker, recently secured a substantial investment of 6 billion yuan (equivalent to 818.8…

Chinese SoC designer Visinex Technology bags nearly 100 million yuan in latest funding

Visinex Technology Secures Nearly 100 Million Yuan in New Funding Round Chinese intelligent SoC design company, Visinex Technology,…

China’s NEV ownership exceeds 30 million units

China's new energy vehicle (NEV) ownership in China has reached a significant milestone, surpassing 30 million units and…

GAC to establish a 205 million USD car brand with Huawei’s help

Chinese state-owned automaker GAC has made a groundbreaking announcement regarding its collaboration with tech giant Huawei. The two…

Battery recycling solution provider Cyclewell Technologies bags over 100 million yuan in Series A funding

Chinese Battery Recycling Firm Cyclewell Technologies Secures Over 100 Million Yuan in Series A Funding Shanghai (Gasgoo)- Cyclewell…

Joyson Electronics secures zone controller supply deal for over one million NEVs

Joyson Electronics Secures Major Zone Controller Supply Deal for Over One Million NEVs Shanghai (Gasgoo)- In a recent…

Shenzhen produces nearly 2.94 million NEVs in 2024

Shenzhen, a bustling city in southern China, has solidified its position as the country's top vehicle producer in…

China NEV sales at record 1.596 million in Dec, CAAM data show

China's new energy vehicle (NEV) sales in December 2024 reached a record high of 1.596 million units, marking…

China NEV retail reaches record 1.3 million in Dec while penetration continues to decline

China's retail sales of new energy vehicles (NEVs) reached a new high in December, with passenger NEVs totaling…

Chinese intelligent chassis solution supplier BIBO bags over 300 million yuan in Series B funding

Shanghai-based BIBO Secures Over 300 Million Yuan in Series B Funding Shanghai (Gasgoo)- On January 9, 2025, Bebest…

Deutsche Bank expects BYD to sell 5.52 million cars in 2025

Deutsche Bank predicts that BYD Group will see a significant increase in vehicle sales in 2025, with a…