EV
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
Aiways to supply Thailand’s Phoenix EV with 150,000 NEVs
Aiways to supply Thailand’s Phoenix EV with 150,000 NEVs

Chinese NEV startup Aiways has entered into a strategic cooperation with the Bangkok-headquartered Phoenix EV in order to supply its new energy vehicles (NEVs) to the latter, a local media outlet reported on Nov. 28.

Nov. 28 , 2022
Car and City: ZEEKR 001’s monthly registrations hit new high in Oct. 2022
Car and City: ZEEKR 001’s monthly registrations hit new high in Oct. 2022

In Oct. 2022, the monthly registrations of the ZEEKR 001, the first production model under Geely Auto's premium car brand ZEEKR, hit a record high of 9,566 units, jumping 19.14% MoM.

Nov. 24 , 2022
XPeng sets up battery subsidiary with 5 billion yuan of registered capital
XPeng sets up battery subsidiary with 5 billion yuan of registered capital

Chinese new energy vehicle startup XPeng recently founded a battery subsidiary, which is regarded as part of efforts to start its battery self-supply deployment.

Nov. 23 , 2022
BYD announces new price rise plan on some NEV models
BYD announces new price rise plan on some NEV models

BYD announced on Nov. 23 that it will raise the guidance prices of some NEV models under its Dynasty and Ocean series, and DENZA brand by 2,000 yuan to 6,000 yuan ($280-$840) per car.

Nov. 23 , 2022