Market & Industry
Ningbo Shanshan intends to issue new fundraising for battery anode materials project in Yunnan
Ningbo Shanshan intends to issue new fundraising for battery anode materials project in Yunnan

Chinese lithium battery materials supplier Ningbo Shanshan intends to raise 6 billion yuan ($830.921 million) through a non-public stock issuance to expand its production capacity of lithium ion battery anode materials.

Oct. 19 , 2022
Car and City: Huawei-backed AITO registers 8,722 vehicles in September
Car and City: Huawei-backed AITO registers 8,722 vehicles in September

SERES Auto, Chinese ICT giant Huawei’s first official automaking partner, saw its auto registrations reached 8,729 units in September 2022, according to the data compiled by Gasgoo Auto Research Institute (GARI). ​

Oct. 19 , 2022
Toyota Motor’s September sales leap 50.3% YoY in China
Toyota Motor’s September sales leap 50.3% YoY in China

In September 2022, among the three major Japanese automakers in China, Toyota Motor was the only one that celebrated a significant year-on-year leap in monthly sales volume achieved in the country.

Oct. 19 , 2022
China’s Hunan Province eyes 1.5 million units of annual automobile output by 2025
China’s Hunan Province eyes 1.5 million units of annual automobile output by 2025

China's Hunan province is ambitious to hit an annual automobile output of 1.5 million units by 2025, over 1 million units of which will be new energy vehicles.

Oct. 18 , 2022
Newly upgraded China-made Tesla Model Y put into production in Oct.
Newly upgraded China-made Tesla Model Y put into production in Oct.

The U.S. EV maker, Tesla, made some changes to the China-made Model Y for the Chinese market, and the newly upgraded version was put into production in October.

Oct. 18 , 2022
CATL teams up with U.S.-based Primergy for solar/energy storage project
CATL teams up with U.S.-based Primergy for solar/energy storage project

CATL announced on Oct. 18 its cooperation with Primergy Solar LLC, a U.S.-based owner and operator of utility and distributed scale solar and energy storage facilities.

Oct. 18 , 2022