EV
CATL sees H1 2022 net profit surge 82.17% YoY
CATL sees H1 2022 net profit surge 82.17% YoY

CATL announced this week its revenue reached 112,971,257,900 yuan ($16.489 billion) for the first half of 2022 (“H1 2022”) thanks to the growth in its business scale, surging 156.32% from the previous year.

Aug. 24 , 2022
XPeng Reports Second Quarter 2022 Unaudited Financial Results
XPeng Reports Second Quarter 2022 Unaudited Financial Results

​XPeng Inc., a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its unaudited financial results for the three months ended June 30, 2022.

Aug. 23 , 2022
NIO rumored to buy CALB’s batteries for ALPS-branded vehicles
NIO rumored to buy CALB’s batteries for ALPS-branded vehicles

NIO has formed cooperation with CALB Co., Ltd. on power battery supply for its yet-to-be-launched sub-brand “ALPS”, a local media outlet reported today, citing people with knowledge of this matter.

Aug. 23 , 2022
China extends NEV purchase tax exemption by another year
China extends NEV purchase tax exemption by another year

China will extend its exemption of purchase taxes on new energy vehicles (“NEVs”) to the end of 2023, the country’s State Council decided at an executive meeting held on August 18, as part of measures to boost automobile sales.

Aug. 22 , 2022
Car and City: Hangzhou registers most ZEEKR 01s in July 2022
Car and City: Hangzhou registers most ZEEKR 01s in July 2022

In July 2022, the monthly registrations of the ZEEKR 001, the first and only production model under Geely Auto's premium car brand ZEEKR, reached 3,791 units, sliding 6.3% over the previous month, according to data compiled by GARI.

Aug. 22 , 2022