- EVE Energy, SPIC Hubei Branch ally on Zero-Carbon Industrial park, energy storage
On November 8, Chinese main battery power EVE Energy Co., Ltd. ("EVE Energy") signed a strategic cooperation agreement with State Power Investment Corporation Hubei Branch ("SPIC Hubei").
Nov. 10 , 2023
- China’s power battery installed capacity in Oct. grow 28.3% YoY, 7.6% MoM
In October 2023, China's installed capacity of power batteries reached 39.2GWh, marking a year-on-year jump of 28.3% and a month-on-month growth of 7.6%, according to data by the China Automotive Powe...
Nov. 10 , 2023
- BYD’s FANG CHENG BAO puts BAO 5 off-road SUV onto market, starting at 289,800 yuan
On November 9, FANG CHENG BAO, the fifth in the row of the BYD brand matrix, officially put its first production model, the BAO 5, onto the market, offered at a price range between 28,980 yuan and 35,...
Nov. 10 , 2023
- Chinese smart EV maker ZEEKR files for US IPO
ZEEKR Intelligent Technology Holding Limited (“ZEEKR”) made a significant move on November 10, 2023, by publicly filing its IPO (initial public offering) prospectus with the U.S. Securities and Ex...
Nov. 10 , 2023
- Li Auto achieves highest-ever quarterly revenue in Q3 2023
Li Auto today reported total revenues of 34.68 billion yuan (US$4.75 billion) for the third quarter of 2023, representing a 271.2% spike compared to the same quarter last year and a 21% growth from th...
Nov. 09 , 2023
- SAIC-GM-Wuling to begin presale of Wuling Xingguang sedan at Auto Guangzhou 2023
SAIC-GM-Wuling ("SGMW") said it is about to kick off presale of the Wuling Xingguang, its first new energy sedan model, at the forthcoming Auto Guangzhou 2023. The model is expected to officially hit ...
Nov. 09 , 2023
- SAIC-backed SHPT joins hands with Air Products to promote commercialization of fuel cells
On November 8, Shanghai Hydrogen Propulsion Technology Co., Ltd. (“SHPT”), a fuel cell tech company under SAIC Motor, signed a strategic cooperation agreement with Air Products at the 6th China In...
Nov. 09 , 2023
- Rising Auto introduces aviation-inspired vehicle dynamics technology
Rising Auto announced the introduction of its "aviation-inspired vehicle dynamics technology" called Rising Wang Yu System, which will be installed onto the 2024 Rising R7 first.
Nov. 09 , 2023
