EV
China’s Tinci Material to build new facilities for lithium battery electrolyte production
China’s Tinci Material to build new facilities for lithium battery electrolyte production

Guangzhou Tinci Materials Technology Co., Ltd. announced on May 6 it intends to use its self-raised funds to build facilities capable of manufacturing lithium battery electrolyte and recycling LFP batteries.

May 7 , 2022
SAIC Motor sets up wholly-owned energy technology subsidiary
SAIC Motor sets up wholly-owned energy technology subsidiary

SAIC Motor recently set up an energy technology subsidiary, whose business scope includes the sales of new energy vehicle (NEV) battery swapping facilities.

May 6 , 2022
SAIC-backed IM Motors plans for first public funding round
SAIC-backed IM Motors plans for first public funding round

The first public financing round of IM Motors, an electric vehicle joint venture among SAIC Motor, Alibaba Group and Zhangjiang Hi-Tech, has already been in the works, Liu Tao, co-CEO of IM Motors, recently revealed to a local media outlet.

May 6 , 2022
CATL to launch 3rd-generation CTP battery “Qilin” in Q2 2022
CATL to launch 3rd-generation CTP battery “Qilin” in Q2 2022

CATL plans to formally launch the “Qilin” battery, its third-generation CTP (cell-to-pack) battery technology in the second quarter of 2022, Zeng Yuqun, CATL's chairman, said on May 5 at the latest annual earnings conference.

May 5 , 2022
GAC AION posts 113% YoY surge in Jan.-Apr. sales
GAC AION posts 113% YoY surge in Jan.-Apr. sales

GAC AION, the NEV-dedicated arm of GAC Group, sold 10,212 new vehicles in April 2022, representing a 49.74% month-on-month plunge due to the impact of the coronavirus resurgence on the supply chain and production.

May 5 , 2022
Leapmotor outsells XPeng, Li Auto and NIO in April 2022
Leapmotor outsells XPeng, Li Auto and NIO in April 2022

China’s top 5 new energy vehicle startups all had a month-over-month decrease in April while Leapmotor outsold others by monthly deliveries for the first time.

May 1 , 2022