EV
China's sodium ion battery solutions supplier Paragonage closes angel round
China's sodium ion battery solutions supplier Paragonage closes angel round

Paragonage, a Chinese supplier of sodium ion battery solutions, recently completed an angel round of financing that secured several tens of millions of yuan.

Jun. 12 , 2023
China’s power batteries installed capacity in May 2023 surges 52.1% YoY
China’s power batteries installed capacity in May 2023 surges 52.1% YoY

In May, the total production volume of power batteries in China reached 56.6 GWh, marking a year-on-year increase of 57.4% and a month-on-month rise of 20.4%, according to data by the CAPBIIA.

Jun. 12 , 2023
NIO reduces prices across entire product lineup
NIO reduces prices across entire product lineup

On June 12th, Chinese electric vehicle (EV) manufacturer, NIO, announced a price adjustment for its entire range of new cars, as well as a modification to the benefits package for first-time car owners.

Jun. 12 , 2023
Dongfeng Motor Corporation posts 15% YoY jump in May new energy vehicle sales
Dongfeng Motor Corporation posts 15% YoY jump in May new energy vehicle sales

Dongfeng Motor Corporation (DFMC), one of the legacy Chinese automakers, reported a strong performance in its new energy vehicle (NEV) sales for the month of May.

Jun. 9 , 2023
CATL partners with Thailand’s Arun Plus for CTP battery production
CATL partners with Thailand’s Arun Plus for CTP battery production

Recently, CATL entered into a partnership agreement with Thailand's Arun Plus Co., Ltd. (Arun Plus) for the cooperation on Cell-to-Pack (CTP) technology, the battery giant announced on June 8 via its WeChat account.

Jun. 9 , 2023
BYD launches new brand FANG CHENG BAO dedicated to professional, personalized identities
BYD launches new brand FANG CHENG BAO dedicated to professional, personalized identities

In an official announcement today, BYD, the global leader in new energy vehicle manufacturing, unveiled its new sub-brand, FANG CHENG BAO.

Jun. 9 , 2023