EV
GAC NIO apologizes for announcing use of digital currency without regulatory permission
GAC NIO apologizes for announcing use of digital currency without regulatory permission

GAC NIO announced on Dec. 31 via its Weibo account it will accept digital currency for payment. However, the posting was cancelled then.

Dec. 31 , 2020
November 2020 update of top 5 Chinese EV startups’ insurance registrations
November 2020 update of top 5 Chinese EV startups’ insurance registrations

For the first eleven months, China’s NEPV insurance registrations jumped 16.28% from a year ago to 901,908 units.

Dec. 30 , 2020
China’s Li Auto sees cumulative deliveries top 30,000 units
China’s Li Auto sees cumulative deliveries top 30,000 units

Li Auto announced on Dec. 18 it has so far delivered over 30,000 new vehicles only one year after the delivery kicking off. It is also the first startup in China that achieves the milestone.

Dec. 18 , 2020
China to-date has 89,000 existing charging piles companies
China to-date has 89,000 existing charging piles companies

As of December 14, 2020, the registrations of domestic existing companies engaging in charging pile business totaled 89,000, according to the corporate data platform Qichacha (Qcc.com).

Dec. 17 , 2020
NIO, State Grid’s subsidiary to co-build 100 battery swapping stations in 2021
NIO, State Grid’s subsidiary to co-build 100 battery swapping stations in 2021

NIO and State Grid Electric Vehicle Service Co., Ltd. signed on Dec. 14 a framework agreement for an in-depth cooperation on electric vehicle (EV) charging, battery swapping and energy services.

Dec. 14 , 2020