EV
NIO reduces prices across entire product lineup
NIO reduces prices across entire product lineup

On June 12th, Chinese electric vehicle (EV) manufacturer, NIO, announced a price adjustment for its entire range of new cars, as well as a modification to the benefits package for first-time car owners.

Jun. 12 , 2023
NETA Auto announces foray into Jordanian EV market
NETA Auto announces foray into Jordanian EV market

NETA Auto, a Chinese new energy vehicle (NEV) player under HOZON Auto, continues to expand its global footprint. On June 8th, the carmaker officially made its debut in Jordan, launching and delivering its NETA U and NETA V models in the country.

Jun. 12 , 2023
NIO’s Q1 2023 revenue rises 7.7% YoY, but dips 33.5% QoQ
NIO’s Q1 2023 revenue rises 7.7% YoY, but dips 33.5% QoQ

NIO Inc., a Chinese front-runner in the high-end smart electric vehicle sector, reported a decrease in total revenues and vehicle sales for first quarter (Q1) 2023 compared to the previous quarter, but still recorded a year-on-year increase in total

Jun. 9 , 2023
BYD launches new brand FANG CHENG BAO dedicated to professional, personalized identities
BYD launches new brand FANG CHENG BAO dedicated to professional, personalized identities

In an official announcement today, BYD, the global leader in new energy vehicle manufacturing, unveiled its new sub-brand, FANG CHENG BAO.

Jun. 9 , 2023
Tesla China sees 141.55% YoY soar in May wholesale volume
Tesla China sees 141.55% YoY soar in May wholesale volume

In the fifth month of 2023, Tesla sold 77,695 China-made vehicles via wholesale, representing a 2.44% rise over a month ago and a staggering 141.55% soar over the previous year, according to the China Passenger Car Association (CPCA).

Jun. 8 , 2023
Gree Group’s investment subsidiary invests in battery maker EXENCELL
Gree Group’s investment subsidiary invests in battery maker EXENCELL

Zhuhai Gree Financial Investment Management Co., Ltd. recently completed a strategic investment in the Chinese battery maker Shenzhen Exencell New Energy Technology Co., Ltd.

Jun. 8 , 2023