EV
BMW intends to have EVE Power as second local battery supplier for China market
BMW intends to have EVE Power as second local battery supplier for China market

On July 21, EVE Energy announced that its subsidiary EVE Power Co.,Ltd. has received a statement of intent to cooperate which said BMW Brilliance Automotive Ltd. is interested in partnering with EVE Power to let the latter be its battery supplier.

Jul. 22 , 2020
Chinese EV innovator HOZON Auto to be listed on STAR Market in 2021
Chinese EV innovator HOZON Auto to be listed on STAR Market in 2021

HOZON Auto, a Chinese EV startup operates a brand that is homonymous with the teen hero of Chinese mythology “Nezha”, has initiated its Series C funding round, and plans to go public on China's Nasdaq-style sci-tech innovation board.

Jul. 21 , 2020
Xpeng Motors announces US$500mn Series C+ financing with  Aspex, Coatue, Hillhouse, Sequoia Capital China as investors
Xpeng Motors announces US$500mn Series C+ financing with Aspex, Coatue, Hillhouse, Sequoia Capital China as investors

Xpeng Motors announced on July 20 the signing of its Series C+ financing of around US$500 million with a group of investors including Aspex, Coatue, Hillhouse and Sequoia Capital China.

Jul. 20 , 2020
Great Wall Motor to tap NEV charging pile business
Great Wall Motor to tap NEV charging pile business

Great Wall Motor Company Limited (GWM) intends to tap the business related to new energy vehicle (NEV) charging pile to support its NEV development.

Jul. 14 , 2020
BYD’s full-sized Han sedan hits market with price starting at 219,800 yuan
BYD’s full-sized Han sedan hits market with price starting at 219,800 yuan

BYD’s long-anticipated flagship full-sized sedan, the BYD Han, eventually hit the market on July 12. Priced between 229,800 yuan ($32,820) and 279,500 yuan ($39,918), the BEV version comes with three variants.

Jul. 13 , 2020
China’s homegrown new energy PV wholesales tumble 35% over a year ago
China’s homegrown new energy PV wholesales tumble 35% over a year ago

Automakers in China sold roughly 87,000 new energy passenger vehicles (NEPVs) in June, representing a year-on-year plunge of 35%, according to Cui Dongshu, secretary general of the China Passenger Car Association (CPCA).

Jul. 10 , 2020