Zhiji and Avita have recently attracted significant investment, with 'state-owned investors' fully backing New energy Fund automobiles.

① The 9.4 billion yuan financing for Zhiji Autos has continued support from both state-owned investment Institutions and market-oriented investment Institutions. ② From Zhiji Autos in Shanghai to Avita in Chongqing, then to GAC Aion, NIO in Hefei, and Li Auto in Changzhou, the involvement of local state-owned assets reflects the demand for industry drive and regional development. ③ After the conclusion of the Central Economic Work Conference, local governments are actively promoting industrial upgrades, demonstrating their main roles and responsibilities in the transition between new and old drivers of growth.

cls.cn20:28 ET

Caixin Auto Morning News [December 26th]

① Passenger Vehicle market retail from December 1-22 was 1.692 million vehicles; ② Chongqing Changan Automobile's Zhu Huarong: Huawei has reserved a 20% equity stake for Changan, and appropriate arrangements will be made in the future; ③ Zhi Mi Automobile completed a 9.4 billion yuan Series B financing;

cls.cn19:57 ET

Thinking of Buying an EV? You Might Want to Move Quickly | CNN Business

CNN BusinessDec 25 07:00 ET

China NEV Retail at 817,000 in Dec 1-22, up 4% From Same Period Last Month

CnEVPostDec 25 04:20 ET

2024 Year-End Review | Faced with numerous difficulties, but the Global Autos industry's wave of electrification cannot be stopped. Chinese car companies will still achieve good results in exports.

On October 29th, local time, the European Commission announced the conclusion of the anti-subsidy investigation, deciding to impose a final anti-subsidy tax for five years on electric Autos imported from China. The CEO of Geely Automobile Holdings, Gui Shengyue, stated that Geely is not only able to cope with the additional 18.8% tariff imposed by the EU, but the import tariff will also not hinder the company's ability to gain a larger market share in mainland Europe.

cls.cnDec 25 01:53 ET

2024 year-end review | Joint venture brands encounter a "midlife crisis" with over 4,000 Dealers "closing and transferring" throughout the year.

①Honda and Nissan announced that they have signed a memorandum of understanding regarding the merger, officially starting merger negotiations; ②The weak performance of the joint venture brand has made traditional Dealers feel the acute pain of 'the lips being lost and the teeth feeling cold.'

cls.cnDec 24 20:37 ET