EV
XPeng sees 2022 revenues from vehicle sales jump 23.9% year on year
XPeng sees 2022 revenues from vehicle sales jump 23.9% year on year

XPeng's annual revenues from vehicle sales reached 24.84 billion yuan (US$3.60 billion) last year, rising 23.9% over a year earlier mainly due to the higher vehicle deliveries.

Mar. 17 , 2023
NIO, Tuopu Group to cooperate on R&D, manufacturing, supply of NEV auto parts
NIO, Tuopu Group to cooperate on R&D, manufacturing, supply of NEV auto parts

Chinese auto parts supplier Ningbo Tuopu Group announced on March 16 it has signed a framework agreement with the new energy vehicle startup NIO to carry out the strategic cooperation on the R&D, manufacturing, and supply of NEV-related auto parts.

Mar. 17 , 2023
CATL’s subsidiary, Maritime Silk Road Highway ally on battery swap project
CATL’s subsidiary, Maritime Silk Road Highway ally on battery swap project

CATL GLP Digital Technology (Shanghai) Co., Ltd. on Mar. 16 signed an agreement with Fujian Maritime Silk Road Highway New Energy Technology Co., Ltd. for the cooperation on a battery swapping project for heavy-duty trucks.

Mar. 17 , 2023
Leapmotor, Li Auto issue '90-day price match guarantee'
Leapmotor, Li Auto issue '90-day price match guarantee'

On March 14, Chinese new energy vehicle (NEV) startup Leapmotor issued a "90-day price guarantee" in response to the current trend of price reductions in the local automotive market.

Mar. 15 , 2023
BAIC Group, CATL sign MoU to co-develop power batteries
BAIC Group, CATL sign MoU to co-develop power batteries

On March 13, BAIC Group and CATL inked a memorandum of understanding (MoU) for the strategic cooperation on developing power batteries, according to a post on BAIC Group’s WeChat account.

Mar. 15 , 2023
HOZON Auto gets financial support from Bank of Communications’ Shanghai branch
HOZON Auto gets financial support from Bank of Communications’ Shanghai branch

HOZON Auto, the owner of the Chinese new energy vehicle brand NETA, recently signed an agreement with the Shanghai branch of Bank of Communications to conduct in-depth strategic cooperation in credit business, settlement business, etc.

Mar. 15 , 2023