EV
CATL’s subsidiary to build battery cathode material production base in Yichang
CATL’s subsidiary to build battery cathode material production base in Yichang

Guangdong Brunp Recycling Technology Co., Ltd. (Brunp Recycling), whose majority shareholder is CATL, plans to build a new energy vehicle (NEV)-related power battery cathode material industrial park in Yichang, central China’s Hubei Province, accordi

Oct. 13 , 2021
Xiaomi-backed industrial funds become investors of Ganfeng LiEnergy
Xiaomi-backed industrial funds become investors of Ganfeng LiEnergy

Ganfeng LiEnergy, a Chinese lithium power battery manufacturer, recently introduced many new investors, two of which are industry funds backed by Chinese smartphone giant Xiaomi, according to Qichacha.

Oct. 13 , 2021
Tesla sells 56,006 China-made vehicles in September, local sales surging
Tesla sells 56,006 China-made vehicles in September, local sales surging

Among those Shanghai-made Tesla vehicles sold last month, 3,853 vehicles were exported from China to foreign markets, slumping 87.7% from a month ago, while local sales in China surged 304.8% to 52,153 month on month.

Oct. 12 , 2021
Second model of GAC, NIO-backed HYCAN to go on sale in mid-October
Second model of GAC, NIO-backed HYCAN to go on sale in mid-October

HYCAN, a Chinese EV innovator backed by GAC Group and NIO, will formally put the HYCAN Z03, its second mass-produced model, onto the market on October 18, according to an official press release.

Oct. 9 , 2021
China’s EV startup WM Motor expects to raise US$500 million
China’s EV startup WM Motor expects to raise US$500 million

In September, monthly sales of WM Motor surged 115.8% year on year to 5,005 vehicles.

Oct. 9 , 2021
NIO has 517 battery swap stations in China by end of Sept. 2021
NIO has 517 battery swap stations in China by end of Sept. 2021

NIO put 90 new battery swap stations into operation across China last month, the Chinese EV startup announced on Friday.

Oct. 8 , 2021