EV
GAC NIO said to complete pre-A round in second half of 2020
GAC NIO said to complete pre-A round in second half of 2020

GAC NIO New Energy Automotive Co.,Ltd (GAC NIO), a joint venture between GAC Group and NIO, will close its pre-A round of financing in the second half of the year, and the capital amount and investors have been basically determined.

Jul. 2 , 2020
Sichuan rolls out polices to support NEV, intelligent vehicle development
Sichuan rolls out polices to support NEV, intelligent vehicle development

China’s Sichuan provincial government is soliciting public opinions on the measures designed for the development of local new energy vehicle (NEV) and intelligent vehicle industries.

Jul. 1 , 2020
SGWM launches energy storage station featuring battery cascade utilization
SGWM launches energy storage station featuring battery cascade utilization

SAIC-GM-Wuling (SGMW), a joint venture among General Motors, SAIC Motors and Liuzhou Wuling Motors, celebrated on June 30 the launch of a large-scale energy storage power station that achieves cascade utilization of power batteries in Guangxi.

Jun. 30 , 2020
Xpeng Motors announces onset of P7 BEV scale delivery
Xpeng Motors announces onset of P7 BEV scale delivery

Chinese EV startup Xpeng Motors kicked off the scale delivery of its second production BEV model, the Xpeng P7, at its self-built Zhaoqing plant on June 28.

Jun. 28 , 2020
Geely’s all-electric BEV Geometry C priced from 139,800 yuan for presale
Geely’s all-electric BEV Geometry C priced from 139,800 yuan for presale

The Geometry C, the second mass-produced and first SUV model of Geely’s BEV brand Geometry, made its debut at the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) International Auto Show 2020 and is set to hit the market in the third quarter.

Jun. 22 , 2020
BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds
BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds

BAIC BJEV, BAIC Group’s NEV arm, plans to publicly issue corporate bonds with a principal amounting to not more than 3 billion yuan ($423,268,500), according to its parent company BAIC BluePark New Energy Technology Co.,Ltd.

Jun. 19 , 2020