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NIO announces completion of strategic equity investment from CYVN
NIO announces completion of strategic equity investment from CYVN

NIO on July 13 announced the successful completion of the previously disclosed strategic investment of $738.5 million from CYVN Investments RSC Ltd., an affiliate of CYVN Holdings L.L.C.

Jul. 13 , 2023
EVE Energy, Li-Cycle ink MoU to co-explore sustainable battery recycling solutions
EVE Energy, Li-Cycle ink MoU to co-explore sustainable battery recycling solutions

On July 10, Huizhou EVE Energy Co., Ltd. (referred to as "EVE Energy") and Li-Cycle Holdings Corp. (referred to as "Li-Cycle") signed a memorandum of understanding (“MoU”) in Huizhou city.

Jul. 13 , 2023
Official images of VOYAH Zhuiguang PHEV unveiled
Official images of VOYAH Zhuiguang PHEV unveiled

Dongfeng Motor's new energy vehicle brand, VOYAH, unveiled a PHEV (Plug-in Hybrid Electric vehicle) addition to its Zhuiguang sedan lineup.

Jul. 13 , 2023
Joyson Electronics forecasts 18% YoY growth in H1 2023 revenue
Joyson Electronics forecasts 18% YoY growth in H1 2023 revenue

On July 11, Joyson Electronics, a leading global automotive electronics and automotive safety system supplier, announced its performance forecast for the first half of 2023.

Jul. 11 , 2023
BYD completes construction of new energy vehicle parts industrial park in Xi’an city
BYD completes construction of new energy vehicle parts industrial park in Xi’an city

A ceremony was recently held in Xi'an Hi-tech Industrial Development Zone to celebrate the completion of 69 projects, including the BYD New Energy Vehicle Parts Industrial Park project, according to a post on the "Xi'an High-tech".

Jul. 11 , 2023
China’s power batteries installed capacity in H1 2023 leaps 38.1% YoY
China’s power batteries installed capacity in H1 2023 leaps 38.1% YoY

In June, China's production volume of power batteries reached a total of 60.1GWh, marking a year-on-year spike of 45.7% and a month-on-month increase of 6.3%, according to data by the China Automotive Power Battery Industry Innovation Alliance.

Jul. 11 , 2023