EV
Geely-backed Farizon Auto bags over $300 million in Pre-A funding
Geely-backed Farizon Auto bags over $300 million in Pre-A funding

Farizon Auto, a brand under Geely New Energy Commercial Vehicle Group, announced on Oct. 26 via its WeChat account that its Pre-A funding round has been closed with over $300 million raised.

Oct. 26 , 2022
NIO, hotel firm Huazhu Group team up on charging, battery swap facility deployment
NIO, hotel firm Huazhu Group team up on charging, battery swap facility deployment

NIO and Huazhu Group Limited, a China-based hotel group, inked an agreement on Oct. 25 to carry out in-depth strategic cooperation on the deployment of electric vehicle (EV) charging and battery swapping facilities.

Oct. 26 , 2022
NIO inks agreement for launch of international business headquarters
NIO inks agreement for launch of international business headquarters

On Oct. 25, NIO signed an agreement to launch its international business headquarters in Jiangqiao town, Jiading district, Shanghai city.

Oct. 25 , 2022
Tesla once again issues price drop on Model 3, Model Y in China
Tesla once again issues price drop on Model 3, Model Y in China

On October 24, the US electric vehicle (EV) maker, Tesla, announced a new round of price drop on the Model 3 and Model Y EVs sold in China.

Oct. 24 , 2022
China’s EVE Energy launches new-generation energy storage battery LF560K
China’s EVE Energy launches new-generation energy storage battery LF560K

EVE Energy Co., Ltd. ("EVE Energy") on Oct. 20 launched its new-generation energy storage battery LF560K, which is expected for global delivery in the second quarter of 2024.

Oct. 21 , 2022
GAC AION fulfills Series A round with valuation topping 100 billion yuan
GAC AION fulfills Series A round with valuation topping 100 billion yuan

GAC AION, GAC Group's new energy vehicle (NEV)-dedicated subsidiary, has completed its Series A financing with 18.294 billion yuan ($2.53 billion) raised.

Oct. 20 , 2022