EV
Evergrande Auto to sell HK$500 million worth of shares for vehicle production
Evergrande Auto to sell HK$500 million worth of shares for vehicle production

At HK$2.86 each share, which is 19.89% cheaper than the company’s closing price of HK$3.57 on November 9.

Nov. 10 , 2021
NIO Inc. Reports Unaudited Third Quarter 2021 Financial Results
NIO Inc. Reports Unaudited Third Quarter 2021 Financial Results

Cash and cash equivalents, restricted cash and short-term investment were RMB47.0 billion (US$7.3 billion) as of September 30, 2021.

Nov. 10 , 2021
BP partners with battery-swapping company Aulton for joint business
BP partners with battery-swapping company Aulton for joint business

The British energy mogul BP signed an agreement with China's battery swapping company Aulton to buy stake of the latter’s subsidiary Guangzhou Aulton New Energy Technology Co., Ltd.

Nov. 9 , 2021
NIO ranks fifth by Oct. deliveries among China's top NEV startups
NIO ranks fifth by Oct. deliveries among China's top NEV startups

XPeng Motors became the most popular new energy vehicle (NEV) startup in China with highest October deliveries, and Hozon surprised the industry as the runner-up with monthly deliveries outnumbering Li Auto and NIO.

Nov. 1 , 2021
GAC receives over 20,000 orders of AION series vehicles in Oct.
GAC receives over 20,000 orders of AION series vehicles in Oct.

GAC AION, GAC Group’s wholly-owned subsidiary dedicated to all-electric car business, announced the monthly order volume of its AION series reached about 23,000 units in October, for the first time surpassing 20,000 units.

Nov. 1 , 2021
WM Motor's monthly deliveries hit new highs of 5,025 units in Oct.
WM Motor's monthly deliveries hit new highs of 5,025 units in Oct.

Chinese EV startup WM Motor said its monthly new vehicle delivert volume reached a record high of 5,025 units, which were 67.3% higher than that of the year-ago period.

Nov. 1 , 2021