EV
China’s SVOLT to build battery manufacturing base in Huzhou, Zhejiang
China’s SVOLT to build battery manufacturing base in Huzhou, Zhejiang

SVOLT, a Chinese EV battery manufacturer carved out of Great Wall Motor, signed an agreement on Feb. 19 with the government of Huzhou, Zhejiang province to establish a power battery base in South Taihu New Area.

Feb. 20 , 2021
WM Motor gets 11.5 billion yuan credit line
WM Motor gets 11.5 billion yuan credit line

Chinese EV startup WM Motor said on Feb. 9 it formed strategic partnerships with a number of banks and financial institutes for a line of credit worth 11.5 billion yuan ($1.783 billion).

Feb. 9 , 2021
Xpeng Motors exports second batch of G3s to Norway
Xpeng Motors exports second batch of G3s to Norway

Xpeng Motors said its second batch of Xpeng G3 SUVs to be sold in Norway has departed from Guangzhou. This came after the successful customer delivery of its first batch of G3s for the Norwegian market in December 2020.

Feb. 5 , 2021
Li Auto announces January delivery update, establishment of R&D center in Shanghai
Li Auto announces January delivery update, establishment of R&D center in Shanghai

By the end of January, 2021, the startup’s cumulative deliveries reached 38,976 vehicles.

Feb. 2 , 2021
NIO Inc. Provides January 2021 Delivery Update
NIO Inc. Provides January 2021 Delivery Update

NIO delivered 7,225 vehicles in January 2021, a new monthly record representing a strong 352.1% year-over-year growth.

Feb. 1 , 2021
Xpeng Motors’ deliveries zoom up 470% YoY in Jan. 2020
Xpeng Motors’ deliveries zoom up 470% YoY in Jan. 2020

Xpeng Motors’ monthly deliveries hit a record high of 6,015 units in Jan. 2021, skyrocketing 470% from the previous year and doubling over the year-ago level for the seventh month in a row, the startup announced on Feb.1.

Feb. 1 , 2021