EV
Aulton joins hands with Longtuteng to co-build battery swap stations in Hainan province
Aulton joins hands with Longtuteng to co-build battery swap stations in Hainan province

Aulton inked a strategic cooperation with Longtuteng (Hainan) Investment Management Co., Ltd. in early Dec. to build a joint venture in a bid to boost the development of the battery swapping industry in Hainan province.

Dec. 13 , 2022
China’s startup Enovate Motors to build NEV production, R&D base in Saudi Arabia
China’s startup Enovate Motors to build NEV production, R&D base in Saudi Arabia

Enovate Motors last week inked an agreement with Sumou Holding to build a joint venture for new energy vehicle (NEV) production in Saudi Arabia, according to a press release Enovate Motors issued on Dec. 12.

Dec. 13 , 2022
GAC Group breaks ground on factory of Yinpai Battery Technology
GAC Group breaks ground on factory of Yinpai Battery Technology

On Dec. 11, GAC Group broke ground on the factory of Yinpai Battery Technology Co., Ltd. ("Yinpai Battery"), which is set up to help the Guangzhou-based auto giant build its own strengths in R&D and production of power batteries.

Dec. 12 , 2022
Li Auto clocks 20.2% YoY jump in Q3 2022 revenue
Li Auto clocks 20.2% YoY jump in Q3 2022 revenue

Li Auto Inc. announced on Friday its revenue reached 9.34 billion yuan ($1.31 billion) in the third quarter of 2022 (Q3 2022), jumping 20.2% year on year and also rising 7% quarter on quarter.

Dec. 9 , 2022
BMW to expand BEV lineup in China to 11 models in 2023
BMW to expand BEV lineup in China to 11 models in 2023

On December 8, BMW Group announced the plan to expand its battery-electric vehicle (BEV) lineup in China to 11 models in 2023, with the BMW iX1 becoming its third China-made BEV model.

Dec. 8 , 2022
Honda Motor to buy from CATL 123GWh EV batteries in 2024-2030
Honda Motor to buy from CATL 123GWh EV batteries in 2024-2030

Honda Motor plans to procure a total of 123GWh power batteries for battery electric vehicles from CATL between 2024 and 2030.

Dec. 8 , 2022