EV
Sunwoda’s EV battery business scores 584.67% YoY hike in 2021 revenue
Sunwoda’s EV battery business scores 584.67% YoY hike in 2021 revenue

Sunwoda Electronic Co., Ltd. (“Sunwoda”) announced earlier this week it earned around 2.933 billion yuan ($461.145 million) worth of annual revenue from its electric vehicle (EV) battery business, rocketing 584.67% hike compared to 2020.

Apr. 13 , 2022
Xiaomi’s auto subsidiary unveils five car-related patents at one go
Xiaomi’s auto subsidiary unveils five car-related patents at one go

Xiaomi Automobile Technology Co., Ltd. (“Xiaomi Auto Tech”), the second automotive company registered by the smartphone giant Xiaomi, on April 12 unveiled five vehicle-related patents.

Apr. 13 , 2022
Chinese luxury EV brand HiPhi sells 1,364 vehicles in Q1 2022
Chinese luxury EV brand HiPhi sells 1,364 vehicles in Q1 2022

Human Horizons, the Chinese startup owning the luxury EV brand HiPhi, announced Tuesday that the monthly sales of the HiPhi X, the brand's only production model for sales, reached 459 units in March 2022.

Apr. 13 , 2022
Tesla sells 65,814 China-made vehicles in March, 2022
Tesla sells 65,814 China-made vehicles in March, 2022

Tesla sold 65,814 China-made new vehicles in March, according to the China Passenger Car Association (CPCA). The results included 60 vehicles exported from its Shanghai plant.

Apr. 11 , 2022
NIO announces plan to raise vehicle prices
NIO announces plan to raise vehicle prices

NIO will increase prices of some vehicle models on May 10 due to the continuous hike in raw materials prices globally, the EV startup announced today via the NIO App.

Apr. 10 , 2022
Tencent invests in GAC-backed supercharging startup Greater Bay Technology
Tencent invests in GAC-backed supercharging startup Greater Bay Technology

China’s tech giant Tencent has indirectly invested in GAC-affiliated Guangzhou Juwan Technology Research Co., Ltd. (Greater Bay Technology) and became a shareholder of the energy storage company on April 6th.

Apr. 8 , 2022