EV
Toyota’s two tech joint ventures in China put TL Power 15 fuel cell system onto market
Toyota’s two tech joint ventures in China put TL Power 15 fuel cell system onto market

The TL Power 15, the new-generation hydrogen fuel cell system co-launched by United Fuel Cell System R&D (Beijing) Co., Ltd. ("FCRD") and Toyota SinoHytec Fuel Cell Co., Ltd. (“FCTS”), has been officially put onto the market.

May 16 , 2023
NIO sees 1,400th power swap station go live
NIO sees 1,400th power swap station go live

NIO, one of the leading Chinese new energy vehicle (NEV) startups, saw its 1,400th power swap station deployed in China, officially come online, according to a post on the company’s Twitter-like Weibo account.

May 15 , 2023
EVE Energy signs MoU to build cylindrical battery base in Malaysia
EVE Energy signs MoU to build cylindrical battery base in Malaysia

On May 12, EVE Energy Malaysia Sdn. Bhd. signed a memorandum of understanding (MOU) with PEMAJU KELANG LAMA SDN.BHD. (referred to as "PKL") in Kuala Lumpur to acquire land for a factory in Malaysia.

May 15 , 2023
China Chengtong Ecology to recycle power batteries from WM Motor’s NEVs
China Chengtong Ecology to recycle power batteries from WM Motor’s NEVs

On May 10, Chinese new energy vehicle startup WM Motor and China Chengtong Ecology Ltd. (CCTE) signed a framework agreement to forge a strategic partnership, according to a post on CCTE's WeChat account.

May 11 , 2023
Li Auto sees both quarterly revenue, deliveries hit new high in Q1 2023
Li Auto sees both quarterly revenue, deliveries hit new high in Q1 2023

Chinese new energy vehicle startup Li Auto announced its first-quarter 2023 financial results on May 10, revealing record-high quarterly revenue and delivery volume.

May 11 , 2023
BYD’s Yangwang U8 included in MIIT’s catalogue
BYD’s Yangwang U8 included in MIIT’s catalogue

The Yangwang U8, the first production model under BYD's nascent luxury auto brand Yangwang, has been included into a catalogue issued by China's Ministry of Industry and Information Technology.

May 10 , 2023