ENOVATE
ENOVATE is a high-end mobility technology company focused on new energy vehicle R&D, production, sales and services.
ENOVATE, founded in 2005 and headquartered in Zhejiang, is China's leading new energy vehicle manufacturer. It has received over CNY 500 million in its latest fundraising backed by the government-industry guidance funds and large state-owned banks. Rivals with the direct and indirect competition with ENOVATE include NIO, Li Auto, and TESLA.
Electric Vehicles to Account for Two-thirds of Global Vehicle Sales by 2030
Research
AutomotiveFinancing and Investment Activities in China's Mobility Industry From 2012 to 2022
ZhidaoAuto Signed CNY 3 Bn Contract with Sichuan Government in Autonomous Driving Project
Yang Fang becomes CEO of Volkswagen (Anhui) digital sales Service Co., Ltd
DreamSmart Officially Enter the Middle East Market
Apr 14, 2025 02:03 PM
Changan uni-v 2.0T will be sold from 129900 yuan, making uni-v IDD the world's first show
102900-153900 yuan, BAIC motor magic cube opened for pre-sale
The first BIW is off the assembly line, and Volkswagen Anhui is further away from mass production
Chinese Automakers Break into a €10 Billion Market in Europe
In 2024, China became the largest source of automotive imports for the European Union, with import volumes reaching €12.7 billion (approximately RMB 102.86 billion). According to the EU, automotive imports from China surged by an astounding 1,591.3% between 2019 and 2024. However, on-the-ground research by Yiou Auto reveals that behind this hundred-billion-yuan market lies a reality filled with passivity, awkwardness, and neglect for Chinese car brands in the European market
Apr 11, 2025 09:57 PM
Tariff Escalation Through the Lens of Geopolitical Economy
On April 2, 2025, the United States announced a 34% tariff increase on Chinese goods and additional tariffs of 10% to 20% on products from multiple other countries. President Donald Trump referred to these as “Liberation Day Tariffs.” China responded swiftly on April 4, announcing a matching 34% tariff hike on U.S. goods and launching export controls.
Apr 11, 2025 12:32 PM
Challenge the new energy 20+ world record, WeiPai Mocha dht-phev takes the G318 highway again
Integrating the needs of the Chinese market into strategic decisions, Mercedes Benz group appointed Gao Xu as its Chief Strategic Officer
The cumulative delivery of Xiaopeng automobile exceeded 200000 units