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Great Wall Motor’s spin-off SVOLT to build 14.6GWh power battery base in Nanjing Lishui
Great Wall Motor’s spin-off SVOLT to build 14.6GWh power battery base in Nanjing Lishui

SVOLT., an EV battery manufacturer carved out of Great Wall Motor, signed an agreement with local authority of Lishui District, Nanjing on June 22 to build a power battery manufacturing base with an annual capacity of 14.6GWh.

Jun. 23 , 2021
BYD’s first e platform 3.0-based model named Dolphin
BYD’s first e platform 3.0-based model named Dolphin

On June 22, BYD announced via its Weibo account that the EA1, an all-electric hatchback unveiled at the Auto Shanghai 2021, is formally named Dolphin, which is the first model based on BYD’s e-platform 3.0.

Jun. 22 , 2021
CATL, SAIC’s joint ventures celebrate first spade cut for power battery base phase Ⅱ
CATL, SAIC’s joint ventures celebrate first spade cut for power battery base phase Ⅱ

CATL and SAIC Motor last week laid the foundation stone for the second phase of the power battery-related base managed by their two joint ventures, marking a new push for the cooperation between the Chinese battery titan and automobile giant.

Jun. 22 , 2021
Borgward said to file for bankruptcy
Borgward said to file for bankruptcy

In 2014, BAIC Foton acquired the iconic German brand and in March, 2019, Ucar, a chauffeured car service provider in China, bought 67% stake of the company with 4.109 billion yuan.

Jun. 21 , 2021
China’s new energy vehicle parc reaches 5.8 million units as of May 2021
China’s new energy vehicle parc reaches 5.8 million units as of May 2021

China’s new energy vehicle (NEV) population amounted to roughly 5.8 million units by the end of 2021, contributing to around 50% of the world’s total NEV volume, according to the China Association of Automobile Manufacturers (CAAM).

Jun. 21 , 2021
China PV sales to grow 10% this year: CAAM
China PV sales to grow 10% this year: CAAM

New energy vehicle sales will surpass 2 million units with an expected gain of 46%.

Jun. 21 , 2021