A few days ago, FF announced that the company had secured an investment of US$105 million (approximately RMB 760 million), just days after Jia Yueting delayed the delivery of the FF 91 and issued a long apology for delaying the delivery of the FF 91 because he was looking for funding. The investment is described as consisting of an additional US$90 million financing commitment and an early payment of US$15 million in existing financing commitments. Led by ATW Partners fund with participation from Senyun International.

Recently, sources close to the matter revealed to AutoChina that Dragon Motor will launch a new electric vehicle brand in China to fully transform into a new energy source.

A few days ago, Ford filed a patent with the US Patent and Trademark Office for an external battery for electric vehicles, giving them an extra charge, a big car charger if you will.

We have learned from officials that SAIC DATONG's new pickup brand "Star" will be officially launched on July 3, 2023, positioning the brand as a high-end, passenger-oriented vehicle.

On June 28, Yu Chengdong, Managing Director, CEO of Huawei Terminal BG and CEO of Intelligent Vehicle Solutions BU, announced in a post that the upcoming Huawei ADS 2.0 Advanced Smart Driving Package opens for a limited time offer, with the one-time purchase price reduced by half compared to the original price ($36,000).

In May, the Krypton brand delivered 8,678 units, up 100% year-on-year and 7.1% year-on-year, for the fourth consecutive month of double growth. To date, Krypton has delivered a total of 109,961 units.

Porsche has recently unveiled its new logo, which will be unveiled at the Porsche 75th anniversary event and is expected to be on new cars from the end of 2023. In addition to the new crest, there will also be some official information about the "vision for the future of sports cars" at Porsche's 75th anniversary event, which will take place on 8 June. As for new cars, we can't rule out the possibility of an all-electric 718 concept, a 911 hybrid or even a 918 Spyder successor.

In recent times, the news of "Leung Ka Fai endorsing the Changan Mazda CX-50" has been spreading all over the internet. The "traffic jam" stunt was also given a new interpretation at the Changan Mazda 2023 Fan Festival on June 25: "Drive the CX-50 Xingya, like a race car, without traffic jam."

Compared to April, most of the brands have increased their sales. Compared to the past "Azure" first camp, the sales ranking has changed significantly and we can divide them into 4 camps. So, let's take a look at the list together.

On 28 June, the CEO of Renault Group (Luca de Meo), the CEO of Alpine (Laurent Rossi) and the Alpine management team unveiled the future strategy and objectives of the Alpine brand - to reach 8 billion euros in revenue by 2030 and to launch seven new models.

China's new energy vehicle market is still accelerating furiously. Data from the Passenger Association shows that China's cumulative sales of new energy vehicles in the first five months of this year reached 2,783,000 units, an increase of 46.8% year-on-year, and the penetration rate reached 31.1%, an increase of 3.5 percentage points compared to 2022.

In the past 20 years of development of China's luxury car market, the BBA trio has long held a market share of more than 70%. Such an exaggerated market share once led outsiders to believe that BBA could still reign supreme in the era of new energy cars, replicating its success in fuel cars to the high-end new energy car market.

A roundup of the freshest, funniest and most valuable automotive news developments in the automotive world today (June 17, 2023) to see what's happening today in the big automotive news!

Ltd. in Jinjiang recently signed a used car sales contract with a car trading company in Uzbekistan. This is the first time that Jinjiang has exported used cars, opening up an overseas sales chain for local used car sales.

What colours does the car come in?" "What are the dimensions of the vehicle?" "How is the after-sales service?" ...... Recently, the Tank 500 series cars produced by China Great Wall Motor Company have been launched in the UAE and Saudi Arabia, attracting many consumers to the showroom to ask questions and place orders. "I now own a Haval H9, which I have been driving for two years, and the driving performance and comfort are very good, whether for commuting to work or for field trips. This time I am going to buy another new tank 500, Chinese brand cars are trustworthy." Fayez Saeed from Jeddah, Saudi Arabia, said.

New energy vehicle (NEV) exports are witnessing an unprecedented surge in global demand as countries prioritize sustainable transportation solutions to combat climate change. NEV manufacturers are capitalizing on this growing market, exporting their cutting-edge electric vehicles (EVs) to various parts of the world.

 The international market for new energy vehicle (NEV) exports has witnessed an extraordinary surge, reaching unprecedented levels as the demand for eco-friendly transportation intensifies worldwide. NEV manufacturers are capitalizing on this burgeoning market, expanding their reach and promoting sustainable mobility solutions across borders.

The global export market for new energy vehicles (NEVs) has achieved remarkable growth, reaching record highs as environmentally conscious transportation gains momentum worldwide. NEV manufacturers are seizing the opportunity to expand their presence in international markets and meet the growing demand for sustainable mobility solutions.

BAIC New Energy has a strong background as a foundation. 2018 has become the first domestic new energy vehicle stock through a major asset restructuring. In the research of new technologies, new industries and new models, the genes of BAIC New Energy development are evolving to become a company that will continuously develop into a transformation to a manufacturing service-oriented and technology innovative enterprise, leading the change of automation and technological innovation in China's new energy vehicle industry.

BAIC New Energy has a strong background as a foundation. 2018 has become the first domestic new energy vehicle stock through a major asset restructuring. In the research of new technologies, new industries and new models, the genes of BAIC New Energy development are evolving to become a company that will continuously develop into a transformation to a manufacturing service-oriented and technology innovative enterprise, leading the change of automation and technological innovation in China's new energy vehicle industry.

BAIC New Energy has a strong background as a foundation. 2018 has become the first domestic new energy vehicle stock through a major asset restructuring. In the research of new technologies, new industries and new models, the genes of BAIC New Energy development are evolving to become a company that will continuously develop into a transformation to a manufacturing service-oriented and technology innovative enterprise, leading the change of automation and technological innovation in China's new energy vehicle industry.

As the first Chinese new energy vehicle enterprise with a complete service chain, industry chain and ecological chain, the status and influence of BAIC New Energy speaks for itself and has contributed indelibly in the development of new energy vehicles.

On June 27th, the press conference of China's new energy vehicle industry chain depth walk, jointly hosted by China Automotive Engineering Research Institute Co.

How can the charging infrastructure match the rapid growth of new energy vehicle production and sales? When will new energy vehicle owners achieve "charging freedom"?

Recently, VOYAH Auto announced that it has received credit of 15 billion RMB from various banks and signed a strategic cooperation agreement with Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, Bank of Communications, CITIC Bank and China Merchants Bank on 13 June. On the same day, Lantou Auto also signed a strategic cooperation agreement with Wuhan Economic Development and Investment Group.

"On June 26, according to the website of the Hong Kong Stock Exchange, Berkshire Hathaway sold 2,532,500 H shares of BYD, reducing its shareholding from 9.21% to 8.98%, at an average price of HK$266.85 per share, cashing out about HK$676 million. The average price of the sale was HK$266.85 per share, representing a cash out of approximately HK$676 million.

Shanghai's active participation in the New Energy Vehicle Exhibition showcases.The city's innovative companies and cutting-edge solutions contribute to the growth of the new energy vehicle industry, positioning Shanghai as a global hub for electric mobility.