Industry dynamics

ZXZC Daily: China owns the most hydrogen fueling stations worldwide: NEA

Publishtime:1970-01-01 08:00:00 Views:84

With ZXZC Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

China owns the most hydrogen fueling stations worldwide: NEA

China has built over 250 hydrogen fueling stations up to date, accounting for roughly 40% of the global sum, ranking No.1 worldwide, according to the deputy director of the Science and Technology Division of China’s National Energy Administration.

ZXZC Daily: China owns the most hydrogen fueling stations worldwide: NEA

SAIC MAXUS FCV80; photo credit: SAIC MAXUS

Ganfeng Lithium becomes shareholder of Fengchuen New Energy

On April 12th, China’s new energy logistics vehicle and energy storage company, Fengchuen New Energy, added Jiangxi Ganfeng Battery Technology Co., Ltd. to its list of shareholders, according to the corporate database, Qichacha. The latter is a subsidiary of Ganfeng Lithium.

Caocao Mobility partners with Livan Auto for battery-swapping vehicles

On April 13th, Geely-backed ride-hailing platform, Caocao Mobility, announced its partnership with Geely and Lifan Auto’s joint venture, Livan Auto. The mobility service provider will adopt Livan Auto’s battery-swapping sedan, the Maple Leaf 60S, and deploy the vehicle to its nationwide operations. 

Guangdong province to build 4,500 charging stations by 2025

On April 13th, the provincial government of Guangdong province proposed the acceleration of EV charging infrastructure construction within the province. The authorities aim to build 4,500 charging stations with 250,000 public charging piles by the end of 2025.

Changan Auto to build 2 to 3 manufacturing bases overseas by 2025

Changan Auto unveiled its new energy vehicle brand Shenlan (meaning deep blue in English), and its goal to vigorously expand its new energy vehicle, intelligent vehicle, and overseas influences at the Changan Automobile Global Partner Conference on April 13th.

WM Motor’s March deliveries surge 211.3% YoY

WM Motor’s March deliveries surge 211.3% YoY WM Motor's new vehicle deliveries reached 5,516 units in March 2022, surging 211.3% year on year, while also leaping 66.6% month on month, the EV startup announced on Wednesday, citing the registration data from China Automotive Technology & Research Center.

Sunwoda’s EV battery business scores 584.67% YoY hike in 2021 revenue

Sunwoda Electronic Co., Ltd. (“Sunwoda”) announced earlier this week it earned around 2.933 billion yuan ($461.145 million) worth of annual revenue from its electric vehicle (EV) battery business, rocketing 584.67% compared to 2020.

China's autonomous driving startup Leadgentech.ai closes Pre-A+ round

China’s autonomous driving startup Leadgentech.ai has closed its Pre-A+ investment round raising double-digit million yuan, led by a famous logistics group.

China's autonomous driving company ZongmuTech joins hands with PhiGent Robotics

China’s autonomous driving developer ZongmuTech has partnered with Beijing PhiGent Robotics Technology Co., Ltd. (PhiGent) on April 13th.

Xiaomi’s auto subsidiary unveils five car-related patents at one go

Xiaomi Automobile Technology Co., Ltd. (“Xiaomi Auto Tech”), the second automotive company registered by the smartphone giant Xiaomi, on April 12 unveiled five vehicle-related patents.

HELLA partners with China's radar developer Chuhang Technology

China’s autonomous driving company Chuhang Technology announced the completion of its Series B financing round, along with a newly formed partnership with one of its investors, HELLA.

Chinese luxury EV brand HiPhi sells 1,364 vehicles in Q1 2022

Human Horizons, the Chinese startup owning the luxury EV brand HiPhi, announced Tuesday that the monthly sales of the HiPhi X, the brand's only production model for sales, reached 459 units in March 2022 with an average transaction price of nearly 700,000 yuan ($110,060) per car.

China imported PV deliveries drop 14.4% YoY in Jan.-Feb. 2022

For the first two months of 2022, there were 130,488 imported passenger vehicles (PVs) delivered across China, representing a 14.4% decrease year-over-year, according to Sinomach Automobile Co., Ltd., China's largest dealer of imported vehicles.

Dongfeng Motor Group to acquire Dongfeng Peugeot Citroen Auto Finance Company in whole

On April 12th, Dongfeng Motor Group Co., Ltd. (DFM) announced that the company has struck a deal to acquire a 75% of stake in Dongfeng Peugeot Citroen Auto Finance Co., Ltd. (DPCAFC) from PFN and Dongfeng Peugeot Citroen Automobile (DPCA).