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CATL, BYD make up 68.3% of China’s 2021 installed power battery capacity
CATL, BYD make up 68.3% of China’s 2021 installed power battery capacity

Regarding the annual installed capacity, CATL and BYD together accounted for 68.3% of the country's total volume. Compared to the rankings based on Jan.-Nov. performance, TAFEL surpassed EVE Energy to the sixth place.

Jan. 13 , 2022
Gasgoo Daily: Geely builds subsidiary working on manufacturing, sales of ICs
Gasgoo Daily: Geely builds subsidiary working on manufacturing, sales of ICs

With Gasgoo Daily, we will offer daily important automotive news in China.

Jan. 12 , 2022
China has 2.617 million EV charging piles by end of 2021
China has 2.617 million EV charging piles by end of 2021

By the end of Dec. 2021, there were 2.617 million charging piles deployed across China, up 70.1% from the same period of last year, according to the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA).

Jan. 12 , 2022
Xiaomi-backed investment fund invests in strategic round of NEV parts supplier EVTECH
Xiaomi-backed investment fund invests in strategic round of NEV parts supplier EVTECH

EVTECH announced earlier this week it has nabbed over 100 million yuan ($15.689 million) in a strategic financing round supported by Hubei Xiaomi Yangtze River Industry Investment Fund Partners (Limited Partnership).

Jan. 12 , 2022
Gasgoo Daily: CATL’s Shanghai factory begins offering batteries to Tesla in last Nov.
Gasgoo Daily: CATL’s Shanghai factory begins offering batteries to Tesla in last Nov.

With Gasgoo Daily, we will offer daily important automotive news in China.

Jan. 11 , 2022
GAC Group’s 2021 net profit expected to rise 11% to 27% YoY
GAC Group’s 2021 net profit expected to rise 11% to 27% YoY

GAC Group announced on Tuesday its full-year net profit attributable to shareholders is forecasted to reach 6.6 billion ($1.035 billion) to 7.6 billion yuan ($1.192 billion), rising 11% to 27% from the previous year.

Jan. 11 , 2022