EV
NIO Inc. Reports Unaudited First Quarter 2020 Financial Results
NIO Inc. Reports Unaudited First Quarter 2020 Financial Results

NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today announced its unaudited financial results for the quarter ended March 31, 2020.

May 28 , 2020
CATL to raise 19.7 billion yuan for battery capacity expansion projects
CATL to raise 19.7 billion yuan for battery capacity expansion projects

CATL, the global leading EV battery manufacturer, lowered the maximum amount of the capital it intends to raise from a non-public issuance of stocks to 19.7 billion yuan ($275,285,830) from 20 billion yuan ($27,947,800).

May 28 , 2020
NIO’s sole shareholder changes to Hefei-based company
NIO’s sole shareholder changes to Hefei-based company

China’s top EV manufacturer NIO Inc. has got its shareholder changed to NIO (Anhui) Holding Co.,Ltd. from NIO NextEV Limited, according to Tianyancha.

May 28 , 2020
Presale prices of BYD Han sedan starts at 230,000 yuan
Presale prices of BYD Han sedan starts at 230,000 yuan

The BYD Han, an all-new flagship sedan to BYD's “Dynasty” series, is currently available for presale with prices ranging from 230,000 yuan ($32,364) to 280,000 yuan ($39,400).

May 20 , 2020
Xpeng Motors given green light to produce EVs by itself
Xpeng Motors given green light to produce EVs by itself

Xpeng Motors has been approved by the government to produce vehicles at its self-built manufacturing plant in Zhaoqing, Guangdong province.

May 19 , 2020
China’s homegrown new energy PV wholesales down by 36% year on year
China’s homegrown new energy PV wholesales down by 36% year on year

The wholesale volume of locally-made new energy PV (NEPV) in China reached 58,768 units in April, dipping 36% year on year, while edging up 6% over the previous month, according to Cui Dongshu, secretary-general of the CPCA.

May 15 , 2020