- Evergrande Auto to sell HK$500 million worth of shares for vehicle production
At HK$2.86 each share, which is 19.89% cheaper than the company’s closing price of HK$3.57 on November 9.
Nov. 10 , 2021
- NIO Inc. Reports Unaudited Third Quarter 2021 Financial Results
Cash and cash equivalents, restricted cash and short-term investment were RMB47.0 billion (US$7.3 billion) as of September 30, 2021.
Nov. 10 , 2021
- BP partners with battery-swapping company Aulton for joint business
The British energy mogul BP signed an agreement with China's battery swapping company Aulton to buy stake of the latter’s subsidiary Guangzhou Aulton New Energy Technology Co., Ltd.
Nov. 09 , 2021
- Tesla sells 54,391 China-made vehicles in October
Tesla sold 54,391 China-made vehicles in October, down by month over month, according to the China Passenger Car Association (CPCA). The exported sales of China-made Tesla vehicles were 40,666 units.
Nov. 08 , 2021
- Shanghai issues incentives to spur development of FCV industry
Chinese megacity Shanghai is ambitious to significantly boost the development of fuel cell vehicle (FCV) industry by offering generous incentives.
Nov. 04 , 2021
- CPCA’s secretary general says China’s NEPV penetration rate expected to top 20% in 2022
The penetration rate of new energy passenger vehicles (NEPVs) in China is expected to surpass 20% in 2022, Cui Dongshu, secretary general of the CPCA (China Passenger Car Association), said on Nov. 3.
Nov. 03 , 2021
- NIO ranks fifth by Oct. deliveries among China's top NEV startups
XPeng Motors became the most popular new energy vehicle (NEV) startup in China with highest October deliveries, and Hozon surprised the industry as the runner-up with monthly deliveries outnumbering L...
Nov. 01 , 2021
- GAC receives over 20,000 orders of AION series vehicles in Oct.
GAC AION, GAC Group’s wholly-owned subsidiary dedicated to all-electric car business, announced the monthly order volume of its AION series reached about 23,000 units in October, for the first time ...
Nov. 01 , 2021
