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Financially troubled Enovate reportedly close to getting life-saving money

CN EV Post

MARCH 16, 2023

Another source with access to the financing said that it is indeed happening and that specific plans are being negotiated. Enovate was formerly known as Zhejiang Dianka Automobile, which was founded in 2015 and produces mini electric vehicles (EVs). Enovate has closed eight financing rounds totaling more than RMB 11.5

Saudi Arabia

Saudi Arabia Financing Chinese Building

Shanghai GM Aims to Reduce Fuel Consumption 15%, Improve Performance 14% by 2015; New Engines, Prototype New Sail Electric Vehicle

Green Car Congress

JUNE 13, 2010

Shanghai GM has outlined the next phase of its “Drive to Green” product strategy—launched in 2008 ( earlier post )—for 2011-2015. The joint venture between GM and SAIC intends to reduce fuel consumption and CO 2 emissions by 15% while improving performance 14% by 2015. Several targets announced in 2008 have already been achieved.

GM 2015 Buick Engine

EV Driven

Financially troubled Enovate reportedly close to getting life-saving money

Shanghai GM Aims to Reduce Fuel Consumption 15%, Improve Performance 14% by 2015; New Engines, Prototype New Sail Electric Vehicle

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