EV
SAIC Motor, Tsingshan Industry step up cooperation on battery resource projects, tech development
SAIC Motor, Tsingshan Industry step up cooperation on battery resource projects, tech development

Chinese giant auto group SAIC Motor announced on Feb. 21 the collaboration it stepped with the stainless steel producer Tsingshan Industry, for the sake of the joint ambition to boost the development of China's NEV industry.

Feb. 22 , 2022
China’s HOZON Auto reportedly closes 2 billion yuan new funding round
China’s HOZON Auto reportedly closes 2 billion yuan new funding round

HOZON Auto, the startup owning the NEV brand NETA, recently secured over 2 billion yuan ($316.22 million) in the third round of its D series financing, according to a local media outlet.

Feb. 21 , 2022
SAIC Audi starts presale of Q5 e-tron BEV, starting at 395,500 yuan
SAIC Audi starts presale of Q5 e-tron BEV, starting at 395,500 yuan

The Q5 e-tron, the second model under the SAIC-Audi project, officially became available for presale on Feb. 18. Coming with nine trim levels, the new model is priced between 395,500 yuan ($62,530) and 510,000 yuan ($80,640) in presale.

Feb. 21 , 2022
China's Midea starts building NEV auto parts manufacturing base in Anqing
China's Midea starts building NEV auto parts manufacturing base in Anqing

On Feb. 16, Anqing Welling Auto Parts Co., Ltd. (“Anqing Welling”), a subsidiary of Chinese home appliance giant Midea Group Co., Ltd., held a signing and ground-breaking ceremony for its strategic new energy vehicle (NEV) auto parts manufacturing ba

Feb. 16 , 2022
Toyota-backed auto battery maker PPES raising production capacity in China’s Dalian
Toyota-backed auto battery maker PPES raising production capacity in China’s Dalian

Prime Planet Energy & Solutions (PPES), a battery joint venture between Toyota Motor Corporation (Toyota) and Panasonic Corporation, is ready to ramp up its production capacity of automotive batteries in China.

Feb. 16 , 2022
NIO to launch fire new SUV model ES7 in April
NIO to launch fire new SUV model ES7 in April

Chinese startup NIO plans to launch an all-new model, named ES7, in mid-April 2022, Qin Lihong, Co-founder and President of NIO, revealed on Feb. 15.

Feb. 15 , 2022