EV
Sunwoda EVB to build 20GWh battery production base in Sichuan province
Sunwoda EVB to build 20GWh battery production base in Sichuan province

Sunwoda EVB will sign an agreement with the government of Shifang, a county-level city of China’s Sichuan province, for a power battery manufacturing project.

Mar. 18 , 2022
HOZON Auto announces price rise due to raw materials price growth, supply crunch
HOZON Auto announces price rise due to raw materials price growth, supply crunch

HOZON Auto announced on March 18 it has lifted prices of several models by 3,000 yuan ($470) to 5,000 yuan ($790) due to multiple factors like the increase in prices of raw materials and supply constraints.

Mar. 18 , 2022
GAC AION bags 2.566 billion yuan in capital increase, to begin A funding round
GAC AION bags 2.566 billion yuan in capital increase, to begin A funding round

GAC AION, the new energy vehicle (NEV)-dedicated arm of GAC Group, has already completed a new round of capital increase with a total of 2.566 billion yuan ($403.51 million) raised, the NEV maker announced on March 17.

Mar. 17 , 2022
BYD Auto lifts prices of some NEV models due to raw materials price rise
BYD Auto lifts prices of some NEV models due to raw materials price rise

Chinese automaker BYD Auto announced on Tuesday it would bump up prices by 3,000 yuan ($470) to 6,000 yuan ($940) for several new energy vehicle (NEV) models of the Dynasty and Ocean lineups due to the continuous hike in raw materials prices.

Mar. 16 , 2022
China’s Hainan expects EV charging piles to cover all cities, counties, towns in 2022
China’s Hainan expects EV charging piles to cover all cities, counties, towns in 2022

EV charging piles are expected to fully cover all cities, counties, and towns in the southern Chinese island province of Hainan by the end of 2022, according to a document recently issued by the Hainan Provincial Development and Reform Commission.

Mar. 15 , 2022
Tesla launches second price rise for China-made models within 1 week
Tesla launches second price rise for China-made models within 1 week

Tesla bumped up prices of some versions of the China-made Model 3 and Model Y by 18,000 yuan ($2,830) to 20,000 yuan ($3,145), according to the information updated on March 15 on Tesla China's website.

Mar. 15 , 2022