Market & Industry
CATL to start operating sodium-ion battery production line next year
CATL to start operating sodium-ion battery production line next year

CATL will put a sodium-ion battery production line into operation next year, according to Meng Xiangfeng, assistant to chairman of CATL, recently revealed at an industrial conference themed carbon neutrality.

Sep. 18 , 2021
BAIC Group offered RMB80 billion credit line by ICBC
BAIC Group offered RMB80 billion credit line by ICBC

BAIC Group signed a strategic agreement with the Industrial and Commercial Bank of China (ICBC) Beijing Branch, representing another successful case of the finance industry serving the development of high-end manufacturing.

Sep. 18 , 2021
Gasgoo Daily: Shanghai Jan.-Aug. auto export up by 247.8% YoY
Gasgoo Daily: Shanghai Jan.-Aug. auto export up by 247.8% YoY

With Gasgoo Daily, we will offer important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Sep. 17 , 2021
Car and City: July 2021 registrations of BYD vehicles
Car and City: July 2021 registrations of BYD vehicles

The top 2 registered models were both from DM-i series.

Sep. 16 , 2021
XPeng’s LiDAR-powered P5 hits market, priced from 157,900 yuan after subsidies
XPeng’s LiDAR-powered P5 hits market, priced from 157,900 yuan after subsidies

Coming with six trim levels, the XPeng P5 is priced between 157,900 yuan ($24,550) and 223,900 yuan ($34,815) after incentives.

Sep. 16 , 2021
WM Motor rumored to raise funds for overseas listing
WM Motor rumored to raise funds for overseas listing

Chinese EV startup WM Motor is adjusting its shareholding structure and is likely to start a new round of financing in the fourth quarter this year to go public on overseas capital market, according to a local media outlet.

Sep. 15 , 2021