EV
CATL inks deal with Fujian Investment on RMB 2.4 billion lithium battery storage project
CATL inks deal with Fujian Investment on RMB 2.4 billion lithium battery storage project

China's largest battery provider Contemporary Amperex Technology (CATL) signed a contract on a large energy storage project of lithium battery with Fujian Investment & Development Group Co., Ltd. on June 18.

Jun. 20 , 2018
All-new BAIC BJEV pure electric SUV exposed with highly-intelligent on-board system
All-new BAIC BJEV pure electric SUV exposed with highly-intelligent on-board system

The mass-produced version of the BAIC BJEV EX3 was exposed recently. The new model basically retains the designing style of the EX3 Concept. It is expected to be equipped with an intelligent environment-sensing system dubbed “Feeling you”.

Jun. 19 , 2018
BAIC, Magna plan to form new JV to build premium intelligent electric vehicles
BAIC, Magna plan to form new JV to build premium intelligent electric vehicles

BAIC BJEV and Canada auto parts supplier Magna signed a cooperation agreement on June 18 in Nanjing, saying that both parties plan to establish two new joint ventures to build open and sharing R&D and manufacturing centers of electric vehicles.

Jun. 19 , 2018
ZHIDOU gains EV procurement orders from South Korean government
ZHIDOU gains EV procurement orders from South Korean government

ZHIDOU, a subsidiary of Geely, has become the new energy vehicle (NEV) supplier together with Kia and GM, according to the latest procurement announcement by the procurement department of South Korean government.

Jun. 14 , 2018
BYTON announces close of $500 million Series B funding, operation of Nanjing global headquarters
BYTON announces close of $500 million Series B funding, operation of Nanjing global headquarters

BYTON announced on June 11 that its Nanjiang-based global headquarters started operation, together with the close of its RMB 500 million Series B funding, which included FAW Group, CATL and Tusholdings as investors.

Jun. 12 , 2018
CATL soars maximum 44% in market debut, valuing at RMB 78.64 billion
CATL soars maximum 44% in market debut, valuing at RMB 78.64 billion

China’s largest battery provider Contemporary Amperex Technology (CATL) made its debut in the ChiNext board in Shenzhen on June 11 with market shares soaring 44%, which is the maximum allowed for newly listed stocks on their first day of trade.

Jun. 11 , 2018