Lexus breaks ground on new energy vehicle project in Shanghai's Jinshan District
On June 27, construction officially began on the Lexus New Energy Vehicle Project in Shanghai's Jinshan District, marking a major milestone in Toyota's electrification strategy.
CAVAN AUTO raises over 1.2 billion yuan in Pre-A round
Beijing CAVAN New Energy Vehicle Co., Ltd. (CAVAN AUTO), a subsidiary majority-owned by FOTON, has successfully completed its Pre-A funding round, securing over 1.2 billion yuan in capital.
BYD breaks ground on expansion of commercial vehicle plant in Hungary
On June 27, BYD held a groundbreaking ceremony for the expansion of its commercial vehicle plant in Komárom, Hungary, according to a post on BYD's WeChat account.