EV
Leapmotor delivers over 100,000 vehicles in first 11 months of 2022
Leapmotor delivers over 100,000 vehicles in first 11 months of 2022

China’s new energy vehicle startup, Leapmotor, saw its cumulative delivery volume exceed 100,000 vehicles in the first eleven months of 2022, the company announced on December 1.

Dec. 1 , 2022
Tesla recalls 435,132 Shanghai-made Model 3s, Model Ys in China
Tesla recalls 435,132 Shanghai-made Model 3s, Model Ys in China

US electric vehicle maker Tesla recently filed for a recall plan involving some locally-made Model 3 and Model Y vehicles in China, according to an announcement issued by China's State Administration of Market Regulation on December 1.

Dec. 1 , 2022
HOZON Auto announces 51% YoY leap in Nov. 2022 deliveries
HOZON Auto announces 51% YoY leap in Nov. 2022 deliveries

HOZON Auto, the Chinese startup owning the new energy vehicle (NEV) brand NETA, announced today its monthly deliveries reached 15,072 units in Nov. 2022, shooting up 51% from the previous year.

Dec. 1 , 2022
China’s fuel cell tech developer FTXT Energy bags 555 million yuan in Series B financing
China’s fuel cell tech developer FTXT Energy bags 555 million yuan in Series B financing

FTXT Energy Technology Co., Ltd. announced on Nov. 30 the completion of its Series B financing.

Nov. 30 , 2022
PetroChina sets up subsidiary for NEV-related businesses
PetroChina sets up subsidiary for NEV-related businesses

PetroChina Company Limited (PetroChina), a Chinese oil & gas producer and the listed arm of Chinese state-owned China National Petroleum Corporation ("CNPC"), recently set up a subsidiary permitted to work on a slew of businesses related to new energ

Nov. 30 , 2022
SVOLT obtains 5.1 billion yuan financial support for Huzhou base construction
SVOLT obtains 5.1 billion yuan financial support for Huzhou base construction

SVOLT Energy Technology (Huzhou) Co., Ltd. signed an agreement with a bank consortium on Nov. 29 for a 4.5 billion worth of loan and a funding support of 600 million yuan.

Nov. 30 , 2022