EV
SVOLT bags 7.5 billion yuan worth of credit line from multiple banks
SVOLT bags 7.5 billion yuan worth of credit line from multiple banks

On October 25, Chinese power battery supplier SVOLT Energy Technology Co., Ltd. (“SVOLT”) signed an agreement with a group of banks, who agreed to grant SVOLT a credit line worth 7.5 billion yuan.

Oct. 26 , 2023
NIO Capital invests in Chinese smart auto closure solution supplier INGIN Technology
NIO Capital invests in Chinese smart auto closure solution supplier INGIN Technology

INGIN Technology, a Chinese smart closure solution provider for automobiles, recently announced the successful completion of its Series C+ financing round, which raised for the company nearly 100 million yuan.

Oct. 26 , 2023
CATL, Zhongcheng Dayou forge partnership on energy storage project
CATL, Zhongcheng Dayou forge partnership on energy storage project

CATL recently signed a strategic cooperation agreement with Zhongcheng Dayou to co-work on an energy storage project, according to a press release the power battery giant issued on October 25.

Oct. 26 , 2023
BYD displays five new energy vehicle models at Japan Mobility Show 2023
BYD displays five new energy vehicle models at Japan Mobility Show 2023

BYD became the first Chinese automaker to participate in Tokyo Motor Show.

Oct. 25 , 2023
Highlights of XPeng’s 2023 TECH DAY
Highlights of XPeng’s 2023 TECH DAY

On October 24, Chinese smart electric vehicle (EV) maker XPeng held its 2023 TECH DAY, showcasing its latest progress in multiple fields like intelligent driving, intelligent cockpit, electric drive system, E/EA, etc.

Oct. 25 , 2023
NETA Auto starts comprehensive vehicle sales in Indonesia
NETA Auto starts comprehensive vehicle sales in Indonesia

On October 24, NETA Auto announced that the comprehensive sales of its products has begun in Indonesia, with the NETA V as its inaugural model hitting the local market with a price tag of 3.79 billion Indonesian Rupiah.

Oct. 25 , 2023