EV
Chinese battery supplier SVOLT intends to bag 15 billion yuan through IPO
Chinese battery supplier SVOLT intends to bag 15 billion yuan through IPO

SVOLT filed a draft prospectus last week for its initial public offering (IPO) and listing on the Science and Technology Innovation Board of the Shanghai Stock Exchange.

Nov. 21 , 2022
NIO launches first Sweden-based battery swap station
NIO launches first Sweden-based battery swap station

NIO saw its first Sweden-based battery swapping station come online on Nov. 17 in Varberg, a city in Halland on Sweden's west coast, according to a post on the startup's WeChat account.

Nov. 18 , 2022
China’s Hunan province sets out blueprint for hydrogen industry development
China’s Hunan province sets out blueprint for hydrogen industry development

Hunan province plans to build 10 hydrogen-refueling stations and deploy 500 fuel cell vehicles (FCVs) in the four years ended 2025.

Nov. 18 , 2022
Presale of Audi RS e-tron GT kicks off in China
Presale of Audi RS e-tron GT kicks off in China

German luxury car manufacturer Audi on Nov. 15 kicked off presale of the Audi RS e-tron GT in China with a limited supply of 20 units in 2022.

Nov. 16 , 2022
Mercedes-Benz issues price cut up to 240,000 yuan on EQ series in China
Mercedes-Benz issues price cut up to 240,000 yuan on EQ series in China

Mercedes-Benz lowered the suggested retail price of multiple EQ battery-electric vehicle models in China on November 15 by as high as roughly 240,000 yuan ($28,250) deducted.

Nov. 16 , 2022
Li Auto cements cooperation with auto parts supplier Tuopu Group
Li Auto cements cooperation with auto parts supplier Tuopu Group

Li Auto and Tuopu Group strengthened their partnership by recently signing a strategic cooperation framework agreement at Tuopu's manufacturing base in Hangzhou Bay.

Nov. 16 , 2022