Hefei, which saved Nio from brink of bankruptcy, is backing another EV maker
With the success of its investment in Nio, the central Chinese city of Hefei has become more bullish on the new energy vehicle industry and is…
Leapmotor acquires traditional automaker to gain production qualification
Chinese EV startup Leapmotor has acquired Fujian New Forta Automobile Industry Co., Ltd. in a move that the industry believes is intended to…
Chinese EV start-up Leapmotor to release upgraded version of LP-S01
Leapmotor, co-founded by surveillance equipment maker Dahua Technology, said it will release an upgraded version of the LP-S01 460 version in…