Recently, at the 2023 Dongfeng Motor brand spring launch event, You Zheng, Vice President of Dongfeng Motor, proposed a three-year action plan for the company's "transformation and upgrading".
On March 24th, UISEE Technologies, a cutting-edge driverless solution provider, officially announced the completion of a round C financing worth several hundred million yuan. This round of investment was led by Dongfeng Asset Management and Chongqing High-tech Holdings under Chongqing High-tech Development and Construction Investment Group. The funds will accelerate the broad-based expansion of UISEE Technologies in key strategic industries.
Dongfeng Motor, a Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei Province, has begun offering incentives to customers. After its own subsidies and government subsidies combined, the discount totalled between 10,000 yuan ($1,442) and 90,000 yuan ($12,984).
Voyah, an electric vehicle brand owned by Chinese state-owned automaker Dongfeng Motor Corporation, said on December 28 that its first batch of 500 Voyah Free models had arrived in Oslo, Norway at the end of November. In December, it started local deliveries, now reaching 136 units.
On the evening of November 17, Voyah, a high-end new energy vehicle brand under Chinese state-owned automobile manufacturer Dongfeng Motor, announced its completion of round-A financing.
Over the past two years, a steady decline in the capacity utilization rate among traditional automakers has become an intensifying industry-wide trend, due to the rapid development of the new energy vehicle market.
Power battery manufacturer Sunwoda announced on June 17 that its subsidiary Sunwoda Electric Vehicle Battery Co., Ltd. (Sunwoda EVB), jointly invested with other two vehicle makers, is setting up a joint venture company.
The Sharing Bus, an unmanned vehicle jointly developed by QCraft and Dongfeng Yuexiang, was unveiled on Wednesday.
VOYAH Automobile, a luxury electric vehicle brand owned by Dongfeng Motor, started to operate independently on June 26th. Its registered name "VOYAH Automobile Technology Co., Ltd." indicates that it will be independently operated.
AI, Big Data, Telematics and Logistics services caught investors’ attention and raised significant funds, hinting at a bright future for such services in the digitizing world.
Alternative energy vehicle were under the spotlight in the Chinese market during 2017, with a total sales volume of 777,000, a year-on-year growth of 53.3 percent. Blade electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) show a year-on-year growth of 82.1 percent and 39.4 percent respectively.