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
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
Chinese EV startup WM Motor said on Feb. 9 it formed strategic partnerships with a number of banks and financial institutes for a line of credit worth 11.5 billion yuan ($1.783 billion).
Feb. 9 , 2021
NIO and Red Star Macalline, a leading Chinese furniture retailer, signed a strategic cooperation framework agreement on Feb. 2 to jointly build EV charging and battery swapping stations.
Feb. 2 , 2021
By the end of January, 2021, the startup’s cumulative deliveries reached 38,976 vehicles.
Feb. 2 , 2021
NIO delivered 7,225 vehicles in January 2021, a new monthly record representing a strong 352.1% year-over-year growth.
Feb. 1 , 2021