- XPeng expects operating profit to turn positive by 2025
XPeng aims to see its operating profit turn positive by 2025, the company’s chairman He Xiaopeng revealed at an annual review meeting this week, which was cited by a Chinese local media outlet.
Jan. 18 , 2023
- CATL teams up with UL Solutions for applications of energy storage systems, power batteries
CATL announced it signed an MoU on Jan. 17 with UL Solutions, a global leader in applied safety science, for the strategic cooperation on promoting safer and more reliable applications of battery ener...
Jan. 18 , 2023
- Car and City: Hangzhou registers most ZEEKR 001s in 2022 among Chinese cities
ZEEKR, the premium electric vehicle (EV) brand of Geely Holding, saw the monthly registrations of its first production model, the ZEEKR 001, hit an all-time high of 11,418 units in Dec. 2022.
Jan. 18 , 2023
- Faraday Future to relocate China headquarters to Huanggang city
The California-based electric vehicle startup Faraday Future announced that it has signed a non-binding cooperation framework agreement with the municipal government of China's Huanggang city for prom...
Jan. 18 , 2023
- CATL, NIO step up strategic cooperation with 5-year agreement
On Jan. 17, Chinese battery giant CATL and the electric vehicle startup NIO signed a five-year agreement for an all-around strategic cooperation, according to a post on CATL's WeChat account.
Jan. 17 , 2023
- XPeng announces price drop on most EV models
On January 17, Chinese electric vehicle (EV) startup, XPeng, issued an official price drop on its entire product lineup, with a discount of up to 36,000 yuan ($5,310).
Jan. 17 , 2023
- HOZON Auto sets up ‘Haozhi’ tech subsidiary working on auto parts, software R&D, production
HOZON Auto, the owner of the Chinese new energy vehicle (NEV) brand NETA, recently set up a technology subsidiary, which is likely to operate businesses under its fresh technology brand "Haozhi".
Jan. 17 , 2023
- China’s Changsha city aims to deploy over 163,000 charging piles by 2025
Changsha, the capital of China's Hunan province, aims to build over 163,000 EV charging piles across the city by 2025, more than 38,000 of which are planned for public services.
Jan. 17 , 2023
