CnEVPost Newsletter: Leapmotor secures new investment; BYD's Thai distributor to triple stores
This is the latest investment Leapmotor has received after announcing a 1.5 billion euro investment from Stellantis on October 26, with the subscription price a 70 percent premium to its closing price in Hong Kong today.
The Xpeng brand will have a total of 10 models based on the SEPA 2.0 platform, many of which will be launched in 2024-2025. The Mona project's A-class sedan is scheduled for launch in the second half of the year.
Rever currently has about 100 dealership outlets, making BYD the dominant automaker in Thailand's EV market with a 40 percent share.
The Lotus Emeya is available in four trims, three of which feature four LiDARs. Customers who order now can expect delivery in 6-8 weeks.
Newrizon, founded by a former Nio senior vice president, announced in February 2023 that it had secured more than RMB 100 million in Series B+ funding from Nio Capital.
Eve Energy plans to set up an energy storage company in Malaysia and acquire new land parcels to begin construction of an energy storage plant.
China's passenger car retail sales are estimated to be around 2.2 million units in January, down 6.5 percent from December.
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