- CATL expects 2021’s net profit to soar up to 195.52% YoY
CATL said on Jan. 27 its full-year net profit attributable to shareholders in 2021 is forecasted to reach 14 billion yuan ($2.206 billion) to 16.5 billion yuan ($2.6 billion), surging 150.75% to 195.5...
Jan. 27 , 2022
- CATL expects 2021’s net profit to soar up to 195.52% YoY
- CATL, Yongxing Materials to build joint venture for lithium carbonate smelting
CATL is about to build a joint venture with Yongxing Special Materials Technology Co.,Ltd., a Chinese steel products producer for the investment in a lithium carbonate manufacturing project.
Jan. 27 , 2022
- CATL, Yongxing Materials to build joint venture for lithium carbonate smelting
- BYD to build industrial park in Hubei’s Xiangyang for power battery, NEV parts production
BYD signed a framework agreement earlier this week with the municipal government of Xiangyang city, Hubei province to promote the construction of an industrial park that works on production of power b...
Jan. 27 , 2022
- BYD to build industrial park in Hubei’s Xiangyang for power battery, NEV parts production
- Sokon Group initiates private placement to develop EV models
Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon Group), the holding company of the auto brand, SERES, is planning to raise RMB7.13 billion ($1.125 billion) through private placement.
Jan. 27 , 2022
- Sokon Group initiates private placement to develop EV models
- CALB to build 100GWh power battery, energy storage system bases in Guangzhou, Jiangmen
CALB signed two investment agreements this week for the plans to build power battery and energy storage system manufacturing bases in Guangzhou and Jiangmen cities of Guangdong provinces.
Jan. 27 , 2022
- CALB to build 100GWh power battery, energy storage system bases in Guangzhou, Jiangmen
- Car and City: December 2021 registrations of XPeng models
In terms of Dec. registrations of China's domestically-built new energy passenger vehicle (NEPV) models, XPeng still topped the other Chinese NEV startups and ranked eighth among auto brands in the wo...
Jan. 26 , 2022
- Car and City: December 2021 registrations of XPeng models
- China encourages Shenzhen to boost deployment of EV charging, battery swap facilities
China's NDRC and MOFCOM issued a document saying the central government will support Shenzhen in constructing and operating new-type integrated infrastructures for NEV charging, discharging, battery s...
Jan. 26 , 2022
- China encourages Shenzhen to boost deployment of EV charging, battery swap facilities
- NIO builds insurance brokerage subsidiary
NIO recently set up a subsidiary working on insurance brokerage business, a move in response to China’s launch of NEV (new energy vehicle)-dedicated commercial insurance.
Jan. 26 , 2022
- NIO builds insurance brokerage subsidiary