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Leapmotor gets Pre-A round financing from Sequoia Capital China

WUZHEN, Zhejiang – Smart EV startup Zhejiang Leapmotor Co., Ltd. announced on December 4 that it has received a Pre-A round financing from Sequoia Capital China as the two sides signed an investment framework agreement in Wuzhen, Zhejiang Province on the sidelines of the World Internet Conference which opened on

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LeTV to independently develop key EV battery components

BEIJING – LeTV is independently developing key EV battery components including electric motor, electric control, battery module and battery management system as well as systems integration for its upcoming Super Car, according to Fu Zhenxing, vice president of LeTV Super Car in charge of R&D. Fu made the comments at

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Honda to produce batteries and electric motors in China

Japanese automaker Honda will produce batteries and electric motors in China to reduce comprehensive cost of hybrid vehicles, reported Beijing Youth Daily. Honda will find partners to cooperate in making batteries in 2012 and production base will be located in Guangzhou, said Yasuhide Mizuno, general manager of Dongfeng-Honda. Electric motors are

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