EV
Li Auto lifts vehicle price
Li Auto lifts vehicle price

The price of Li ONE will be raised by RMB11,800 to RMB349,800.

Mar. 23 , 2022
GAC Group plans to build energy subsidiary for power, battery recycling ecosystem
GAC Group plans to build energy subsidiary for power, battery recycling ecosystem

China's state-run auto group GAC Group announced on Mar. 22 its board of directors has agreed the plan to build an energy subsidiary, as part of efforts to strengthen the building of EV power network and ultimately achieve carbon neutrality.

Mar. 22 , 2022
NIO Capital closes Eve ONE Fund II at about $400 million
NIO Capital closes Eve ONE Fund II at about $400 million

NIO Capital, a Chinese investment firm sponsored by NIO, announced on Mar. 20 the final closing of its flagship fund, Eve ONE Fund II L.P. (“the Fund II”), at around $400 million.

Mar. 22 , 2022
Leapmotor, XPeng, WM Motor, Geely’s Geometry lift price on NEVs
Leapmotor, XPeng, WM Motor, Geely’s Geometry lift price on NEVs

Several of China’s EV startups all announced price rises on their models, including Leapmotor, WM Motor, XPeng, and Geely’s sub-brand, Geometry, during March 18th-19th.

Mar. 21 , 2022
Sunwoda EVB to build 20GWh battery production base in Sichuan province
Sunwoda EVB to build 20GWh battery production base in Sichuan province

Sunwoda EVB will sign an agreement with the government of Shifang, a county-level city of China’s Sichuan province, for a power battery manufacturing project.

Mar. 18 , 2022
HOZON Auto announces price rise due to raw materials price growth, supply crunch
HOZON Auto announces price rise due to raw materials price growth, supply crunch

HOZON Auto announced on March 18 it has lifted prices of several models by 3,000 yuan ($470) to 5,000 yuan ($790) due to multiple factors like the increase in prices of raw materials and supply constraints.

Mar. 18 , 2022