Fri, Mar 01, 2024
IM Motors' Series B round of equity financing was among the biggest investments into Chinese EV brands in the past two years, following Abu Dhabi-based CYVN's combined $3 billion investments into NIO and Stellantis' $1.6 billion purchase of a 21% stake in Leapmotor.
More >
Tue, Dec 28, 2021
China`s BYD and autonomous driving startup Momenta have established a 100 million yuan ($15.7 million) joint venture to deploy autonomous driving capabilities across certain BYD car model lines, according to a Momenta statement and a person familiar with the matter.
Wed, Dec 08, 2021
The two firms are testing 20 robotaxi vehicles in Shanghai`s Jiading district to further gauge their viability for commercial use in a trial that will expand to a second Chinese city next year, said Momenta, whose technology is used by SAIC Mobility.
Tue, Jan 16, 2018
The Chongqing-based automaker has proposed a $15 billion plan to launch 21 new pure electric vehicles and 12 plug-in hybrids by 2025.
Wed, Sep 27, 2017
MG Motor which announced plans to enter the Indian market said that it had completed the acquisition of GM's Halol plant in Gujarat.
Thu, Jul 06, 2017
SAIC Motor will take over GM India's Halol plant in Gujarat which had shut down operation in April this year.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
