EV
Geely Automobile announces proposed spin-off of ZEEKR
Geely Automobile announces proposed spin-off of ZEEKR

Geely Automobile announced on Dec. 13 that its non-wholly-owned subsidiary, ZEEKR Intelligent Technology Holding Limited ("ZEEKR") on Dec. 7 (New York time) submitted to the SEC a draft registration statement for a possible IPO in the U.S.

Dec. 13 , 2022
Aulton joins hands with Longtuteng to co-build battery swap stations in Hainan province
Aulton joins hands with Longtuteng to co-build battery swap stations in Hainan province

Aulton inked a strategic cooperation with Longtuteng (Hainan) Investment Management Co., Ltd. in early Dec. to build a joint venture in a bid to boost the development of the battery swapping industry in Hainan province.

Dec. 13 , 2022
China’s startup Enovate Motors to build NEV production, R&D base in Saudi Arabia
China’s startup Enovate Motors to build NEV production, R&D base in Saudi Arabia

Enovate Motors last week inked an agreement with Sumou Holding to build a joint venture for new energy vehicle (NEV) production in Saudi Arabia, according to a press release Enovate Motors issued on Dec. 12.

Dec. 13 , 2022
China’s power battery installed capacity soars 64.5% YoY in Nov. 2022
China’s power battery installed capacity soars 64.5% YoY in Nov. 2022

In Nov. 2022, China's power battery output reached 63.4GWh, soaring 124.6% year on year, while also edging up 0.9% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Dec. 12 , 2022
Li Auto clocks 20.2% YoY jump in Q3 2022 revenue
Li Auto clocks 20.2% YoY jump in Q3 2022 revenue

Li Auto Inc. announced on Friday its revenue reached 9.34 billion yuan ($1.31 billion) in the third quarter of 2022 (Q3 2022), jumping 20.2% year on year and also rising 7% quarter on quarter.

Dec. 9 , 2022
BMW to expand BEV lineup in China to 11 models in 2023
BMW to expand BEV lineup in China to 11 models in 2023

On December 8, BMW Group announced the plan to expand its battery-electric vehicle (BEV) lineup in China to 11 models in 2023, with the BMW iX1 becoming its third China-made BEV model.

Dec. 8 , 2022