- Apollo Future Mobility to acquire WM Motor’s subsidiary for US$2.023 billion
A wholly-owned subsidiary of Apollo Future MobilityWM Motor Holdings Limited ("WM Motor entered into an agreement under which the former conditionally agreed to buy shares from the latter.
Jan. 12 , 2023
- CATL’s Qilin battery likely to go into volume production in Q1 2023
The Qilin battery, the battery using CATL's third-generation CTP (cell-to-pack) technology, is expected for volume production in the first quarter of 2023, CATL revealed at the investor Q&A platform o...
Jan. 11 , 2023
- HOZON Auto, CATL team up on CIIC skateboard chassis project
HOZON Auto on Jan. 10 inked an agreement with CATL (Shanghai) Intelligent Technology Co., Ltd. ("CATL Intelligent Tech"), a wholly-owned subsidiary of CATL, for the CIIC (CATL Integrated Intelligent C...
Jan. 11 , 2023
- NIO deploys 1,305 battery swap stations, 1,223 supercharging stations in China by Dec. 2022
NIO announced via its WeChat account the achievements it has made in power network construction.
Jan. 11 , 2023
- Tesla sells 55,796 China-made vehicles in December 2022
In November 2022, Tesla sold 55,796 China-made vehicles via wholesale, representing a 21.24% dip over the previous year, according to the China Passenger Car Association (CPCA).
Jan. 10 , 2023
- Geely-backed LIVAN Automobile scores 54% MoM surge in Dec. 2022 sales
LIVAN Automobile, the joint venture between Geely Automobile and Lifan Technology, announced on Tuesday its monthly sales reached 11,323 units in Dec. 2022, surging 54% month on month and surpassing t...
Jan. 10 , 2023
- Bosch’s venture arm sets up joint venture in China for all-electric, fuel cell CV business
Robert Bosch Venture Capital GmbH has set up a joint venture in China with Boyuan Capital, Foton Motor, SinoHytec, and Shenzhen Fuyuan Zhihui Investment Partnership (L.P.) for the R&D and production o...
Jan. 10 , 2023
- FAW Group’s Hongqi launches global new energy vehicle strategy
On Jan. 8, 2023, Hongqi, the premium auto brand of FAW Group, held a grand ceremony to launch its global new energy vehicle (NEV) strategy.
Jan. 09 , 2023
