SVOLT, a GWM (Great Wall Motor)-linked Chinese power battery maker, has secured 6 billion yuan ($942.11 million) in a B+ funding round, the company announced a few days ago via its WeChat account.
Dec. 13 , 2021
By the end of Nov. 2021, there were 2.385 million charging piles deployed across China, up 55% from the same period of last year, according to the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA).
Dec. 10 , 2021
NIO installed its 700th battery swap station in China on Dec. 10, hitting its annual target ahead of schedule, according to NIO’s press release.
Dec. 10 , 2021
SVOLT, a Chinese power battery manufacturer carved out of GWM, is ambitious to accomplish an annual power battery capacity goal of 600GWh by 2025, the company said on Dec. 8, significantly rising from the previously expected 320GWh.
Dec. 9 , 2021
Tesla sold 52,859 China-made vehicles in November, according to the China Passenger Car Association (CPCA). Last month, Tesla exported 21,127 Shanghai-made vehicles to other countries.
Dec. 8 , 2021
United Auto Battery System Co., Ltd., a 51/49 joint venture between SAIC Motor and CATL, recently put its first CTP (Cell to Pack) battery pack assembly line into operation with the first mass-produced E2 battery pack rolling off the line.
Dec. 8 , 2021