EV
Apollo Future Mobility to acquire WM Motor’s subsidiary for US$2.023 billion
Apollo Future Mobility to acquire WM Motor’s subsidiary for US$2.023 billion

A wholly-owned subsidiary of Apollo Future MobilityWM Motor Holdings Limited ("WM Motor entered into an agreement under which the former conditionally agreed to buy shares from the latter.

Jan. 12 , 2023
CATL’s Qilin battery likely to go into volume production in Q1 2023
CATL’s Qilin battery likely to go into volume production in Q1 2023

The Qilin battery, the battery using CATL's third-generation CTP (cell-to-pack) technology, is expected for volume production in the first quarter of 2023, CATL revealed at the investor Q&A platform of the Shenzhen Stock Exchange.

Jan. 11 , 2023
HOZON Auto, CATL team up on CIIC skateboard chassis project
HOZON Auto, CATL team up on CIIC skateboard chassis project

HOZON Auto on Jan. 10 inked an agreement with CATL (Shanghai) Intelligent Technology Co., Ltd. ("CATL Intelligent Tech"), a wholly-owned subsidiary of CATL, for the CIIC (CATL Integrated Intelligent Chassis) project.

Jan. 11 , 2023
Bosch’s venture arm sets up joint venture in China for all-electric, fuel cell CV business
Bosch’s venture arm sets up joint venture in China for all-electric, fuel cell CV business

Robert Bosch Venture Capital GmbH has set up a joint venture in China with Boyuan Capital, Foton Motor, SinoHytec, and Shenzhen Fuyuan Zhihui Investment Partnership (L.P.) for the R&D and production of all-electric and fuel cell commercial vehicles.

Jan. 10 , 2023
FAW Group’s Hongqi launches global new energy vehicle strategy
FAW Group’s Hongqi launches global new energy vehicle strategy

On Jan. 8, 2023, Hongqi, the premium auto brand of FAW Group, held a grand ceremony to launch its global new energy vehicle (NEV) strategy.

Jan. 9 , 2023
Midea-backed Welling starts production at NEV parts manufacturing base in Anqing city
Midea-backed Welling starts production at NEV parts manufacturing base in Anqing city

Welling Auto Parts, the new energy vehicle (NEV) auto parts supplier owned by Chinese major appliance giant Midea Group, saw the first phase of its new strategic manufacturing base in Anqing city, Anhui province start operation on Jan. 6.

Jan. 6 , 2023