EV
CATL sees significant improvement for Q2 net profit, compared with Q1
CATL sees significant improvement for Q2 net profit, compared with Q1

CATL’s net profit attributable to shareholders of the parent company is expected to reach RMB 883.7616 million to RMB 938.4272 million in the first half of 2018, slumping 48.19% to 52.2% compared to the same period last year.

Jul. 18 , 2018
Installed capacity of power battery reaches 2.87GWh in June
Installed capacity of power battery reaches 2.87GWh in June

China’s installed capacity of power battery for new energy vehicles (NEV) reached 2.87GWh in June, leaping 33.58% year on year while sliding 36.57% month on month.

Jul. 17 , 2018
CATL gains RMB 2.8525 billion prepayment for battery products from BMW Brilliance
CATL gains RMB 2.8525 billion prepayment for battery products from BMW Brilliance

On July 17, CATL announced that considering the long-term strategic partnership between CATL and BMW Brilliance, CATL signed a strategic cooperation agreement with BMW Brilliance and will further deepen cooperation with the joint venture.

Jul. 17 , 2018
China June new energy PV sales leap 74% year on year to 71,660 units
China June new energy PV sales leap 74% year on year to 71,660 units

The China Passenger Car Association(CPCA) reported China’s new energy vehicle (NEV) sales of 71,660 units in June, leaping 74% year on year, while declining 22% month on month.

Jul. 12 , 2018
BYD tops 220,000 vehicles in H1 with NEV sales soaring 106% year on year
BYD tops 220,000 vehicles in H1 with NEV sales soaring 106% year on year

BYD deliveries advanced 21% year on year to 220,883 units in the first half of this year.

Jul. 11 , 2018
Tesla China plant said to roll into Lingang Area, Shanghai
Tesla China plant said to roll into Lingang Area, Shanghai

Tesla signed an investment agreement on pure electric vehicle project with Shanghai Lingang Area Development Administration and Lingang Group on July 10, saying that the storied EV maker will invest all by itself to build the Gigafactory 3.

Jul. 10 , 2018