EV
Geely Auto Group aims to double NEV sales YoY in 2023
Geely Auto Group aims to double NEV sales YoY in 2023

Geely Auto Group ("Geely Auto"), based in east China's Hangzhou city, expects its annual sales of new energy vehicles (NEVs) to double year on year to exceed 600,000 units in 2023, according to a post on Geely Auto's WeChat account.

Jan. 28 , 2023
China’s BAK Battery to build big cylindrical battery production factory in Changzhou city
China’s BAK Battery to build big cylindrical battery production factory in Changzhou city

Shenzhen BAK Power Battery Co., Ltd. signed an agreement on Jan. 28 to form a strategic cooperation with the municipal government of Changzhou city, Jiangsu province, as part of efforts to expand its battery production capacity.

Jan. 28 , 2023
China’s range-extended electric vehicle sales likely to top 500,000 units in 2025: industry report
China’s range-extended electric vehicle sales likely to top 500,000 units in 2025: industry report

An industry report jointly written by the China Association of Automobile Manufacturers and relevant entities to illustrate the status quo and forecast the prospect of China's REEV industry development was issued recently.

Jan. 28 , 2023
CATL to build integrated intelligent chassis production base in China’s Yichun city
CATL to build integrated intelligent chassis production base in China’s Yichun city

CATL (Shanghai) Intelligent Technology Co., Ltd. on Jan. 18 signed an agreement with the Management Committee of Yichun Economic & Technological Development Zone for a CIIC manufacturing project.

Jan. 19 , 2023
XPeng expects operating profit to turn positive by 2025
XPeng expects operating profit to turn positive by 2025

XPeng aims to see its operating profit turn positive by 2025, the company’s chairman He Xiaopeng revealed at an annual review meeting this week, which was cited by a Chinese local media outlet.

Jan. 18 , 2023
CATL teams up with UL Solutions for applications of energy storage systems, power batteries
CATL teams up with UL Solutions for applications of energy storage systems, power batteries

CATL announced it signed an MoU on Jan. 17 with UL Solutions, a global leader in applied safety science, for the strategic cooperation on promoting safer and more reliable applications of battery energy storage systems and electric vehicle batteries.

Jan. 18 , 2023