EV
CATL’s net profit in H1 2024 rises YoY despite drop in revenue
CATL’s net profit in H1 2024 rises YoY despite drop in revenue

While revenue declined, CATL's net profit still grew year-on-year in the first half of 2024.

Jul. 30 , 2024
BYD drops prices by 50,000 yuan across FANGCHENGBAO’s lineup
BYD drops prices by 50,000 yuan across FANGCHENGBAO’s lineup

The BAO 5, which hit the market on November 9, 2023, has seen a significant price reduction across all variants, dropping by 50,000 yuan from its original price range.

Jul. 30 , 2024
SVOLT expects to deliver 100,000 sets of 2nd-gen short-blade fast-charging iron lithium cells in 2024
SVOLT expects to deliver 100,000 sets of 2nd-gen short-blade fast-charging iron lithium cells in 2024

SVOLT recently announced that its second-generation short-blade fast-charging iron lithium cells have completed mass delivery to customers from its Shangrao and Yancheng bases, with an expected total delivery volume of 100,000 sets this year.

Jul. 30 , 2024
XPENG announces foray into Singaporean market with pop-up store opened
XPENG announces foray into Singaporean market with pop-up store opened

On July 25, Chinese electric vehicle maker XPENG officially entered the Singaporean market by opening a pop-up store at the UOB Plaza in the heart of Singapore's Central Business District.

Jul. 29 , 2024
GAC Group, Luxshare-ICT’s joint venture goes into operation
GAC Group, Luxshare-ICT’s joint venture goes into operation

GAC Group a few days ago announced that Lisheng Technology, a joint venture with Luxshare Precision Industry Co., Ltd. ("Luxshare-ICT"), has already commenced production.

Jul. 26 , 2024
Geely rolls off 20,000th set of in-house developed Aegis Short Blade Battery
Geely rolls off 20,000th set of in-house developed Aegis Short Blade Battery

On July 26, Geely celebrated a significant milestone with the successful production of its 20,000th Aegis Short Blade Battery at the factory in Guiyang city.

Jul. 26 , 2024