EV
China sees annual power battery installed capacity zoom up 90.7% YoY in 2022
China sees annual power battery installed capacity zoom up 90.7% YoY in 2022

China's annual power battery installed capacity in 2022 surged 90.7% year over year to 294.6GWh.

Jan. 12 , 2023
Apollo Future Mobility to acquire WM Motor’s subsidiary for US$2.023 billion
Apollo Future Mobility to acquire WM Motor’s subsidiary for US$2.023 billion

A wholly-owned subsidiary of Apollo Future MobilityWM Motor Holdings Limited ("WM Motor entered into an agreement under which the former conditionally agreed to buy shares from the latter.

Jan. 12 , 2023
CATL’s Qilin battery likely to go into volume production in Q1 2023
CATL’s Qilin battery likely to go into volume production in Q1 2023

The Qilin battery, the battery using CATL's third-generation CTP (cell-to-pack) technology, is expected for volume production in the first quarter of 2023, CATL revealed at the investor Q&A platform of the Shenzhen Stock Exchange.

Jan. 11 , 2023
Geely-backed LIVAN Automobile scores 54% MoM surge in Dec. 2022 sales
Geely-backed LIVAN Automobile scores 54% MoM surge in Dec. 2022 sales

LIVAN Automobile, the joint venture between Geely Automobile and Lifan Technology, announced on Tuesday its monthly sales reached 11,323 units in Dec. 2022, surging 54% month on month and surpassing the 10,000-unit mark for the first time.

Jan. 10 , 2023
Bosch’s venture arm sets up joint venture in China for all-electric, fuel cell CV business
Bosch’s venture arm sets up joint venture in China for all-electric, fuel cell CV business

Robert Bosch Venture Capital GmbH has set up a joint venture in China with Boyuan Capital, Foton Motor, SinoHytec, and Shenzhen Fuyuan Zhihui Investment Partnership (L.P.) for the R&D and production of all-electric and fuel cell commercial vehicles.

Jan. 10 , 2023
FAW Group’s Hongqi launches global new energy vehicle strategy
FAW Group’s Hongqi launches global new energy vehicle strategy

On Jan. 8, 2023, Hongqi, the premium auto brand of FAW Group, held a grand ceremony to launch its global new energy vehicle (NEV) strategy.

Jan. 9 , 2023