- Gotion High-tech logs 3-digit YoY hike in Q3 revenue, net profit
Gotion High-tech Co., Ltd. earned around 5.788 billion yuan ($802.809 million) in the revenue for the third quarter of 2022 ("Q3 2022" or "reporting period"), representing a 166.33% year-on-year hike.
Oct. 27 , 2022
- GAC AION sets up subsidiary for in-house battery R&D, production
Yinpai Battery Technology Co., Ltd. ("Yinpai" is Chinese pinyin) was incorporated on Oct. 26 as a majority-owned subsidiary of GAC AION, according to the corporate data inquiry platform Qichacha.
Oct. 27 , 2022
- Gotion High-tech announces two battery production capacity expansion projects in one day
Gotion High-tech Co., Ltd. on Oct. 27 announced two investment plans for expansion of its battery production capacity. The two projects will be conducted in Hefei and Liuzhou cities, respectively.
Oct. 27 , 2022
- Geely-backed Farizon Auto bags over $300 million in Pre-A funding
Farizon Auto, a brand under Geely New Energy Commercial Vehicle Group, announced on Oct. 26 via its WeChat account that its Pre-A funding round has been closed with over $300 million raised.
Oct. 26 , 2022
- NIO, hotel firm Huazhu Group team up on charging, battery swap facility deployment
NIO and Huazhu Group Limited, a China-based hotel group, inked an agreement on Oct. 25 to carry out in-depth strategic cooperation on the deployment of electric vehicle (EV) charging and battery swapp...
Oct. 26 , 2022
- NIO inks agreement for launch of international business headquarters
On Oct. 25, NIO signed an agreement to launch its international business headquarters in Jiangqiao town, Jiading district, Shanghai city.
Oct. 25 , 2022
- Toyota Motor breaks ground on fuel cell R&D, production base’s first phase in Beijing
On Oct. 24, Toyota Motor broke ground on the first phase of its fuel cell R&D and production base in Beijing, marking a major step towards the introduction and promotion of fuel cell technologies in C...
Oct. 25 , 2022
- XPeng introduces latest mobility technologies at Tech Day 2022
XPeng, one of main Chinese electric vehicle (EV) startups, unveiled its latest technical achievements at its fourth annual Tech Day held on Monday.
Oct. 24 , 2022
