EV
NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2020 Financial Results
NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2020 Financial Results

For the first quarter of 2021, the Company expects: Deliveries of the vehicles to be between 20,000 and 20,500 vehicles, representing an increase of approximately 421% to 434% from the same quarter of 2020.

Mar. 2 , 2021
WM begins presale of third mass-produced model W6
WM begins presale of third mass-produced model W6

WM Motor announced it began taking pre-orders for its third mass-produced model, the W6 all-electric SUV, on March 1, and will start formal delivery next month.

Mar. 1 , 2021
Geely said to locate new smart EV venture in Hefei
Geely said to locate new smart EV venture in Hefei

Geely Auto’s all-new smart electric vehicle (EV) company is expected to be located in Hefei, capital of Anhui Province, according to a local media, citing people with direct knowledge.

Feb. 25 , 2021
Baidu taps co-founder of Mobike as CEO of EV venture
Baidu taps co-founder of Mobike as CEO of EV venture

The brand name and CEO of the new venture had been decided and that the first model will be launched within three years.

Feb. 22 , 2021
Geely’s Li Shufu confirms plan of building new EV company
Geely’s Li Shufu confirms plan of building new EV company

Geely will build an all-new electric vehicle (EV) company to compete head-on with other manufacturers of intelligent battery electric vehicles (BEVs), Li Shufu, chairman of Zhejiang Geely Holding Group, said on Feb. 20 in an internal letter.

Feb. 22 , 2021
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