EV
China’s Sept. homegrown new energy PV wholesales almost double YoY
China’s Sept. homegrown new energy PV wholesales almost double YoY

In September, China’s locally-produced new energy passenger vehicle (NEPV) wholesale volume exceeded 125,000 units, skyrocketing 99.6% from a year ago and jumping 24.1% from a month ago, according to the China Passenger Car Association (CPCA).

Oct. 14 , 2020
EV startup Enovate bags 5 billion yuan in new financing round
EV startup Enovate bags 5 billion yuan in new financing round

Enovate has banked 5 billion yuan ($741,146,950) in a new financing round, which is led by local government industry guidance funds and large-scale state-run banks, the Chinese EV startup announced on October 14 via its WeChat account.

Oct. 14 , 2020
FAW Group, Audi to set up NEV joint venture in China
FAW Group, Audi to set up NEV joint venture in China

Both sides will set up a NEV joint venture to make battery electric vehicles based on the Premium Architecture Electrification (PPE) platform in China.

Oct. 13 , 2020
NEV startups post best-ever quarterly deliveries
NEV startups post best-ever quarterly deliveries

NIO, Xpeng, Li Auto and WM Motor all achieved new high in deliveries of the third quarter of this year.

Oct. 10 , 2020
China to step up support in building battery swapping, hydrogen refueling facilities
China to step up support in building battery swapping, hydrogen refueling facilities

Chinese policymaker formally highlights the efforts to strengthen the construction of such infrastructures as battery swapping and hydrogen refueling facilities.

Oct. 10 , 2020
XPeng Announces Cooperation Agreement for New Smart EV Manufacturing Base in Guangzhou
XPeng Announces Cooperation Agreement for New Smart EV Manufacturing Base in Guangzhou

Guangzhou GET Investment agrees to provide RMB4 billion in financing to help fuel XPeng’s growth as well as support the construction of a new Smart EV manufacturing base.

Sep. 28 , 2020