EV
Envision AESC breaks ground on Wuxi battery manufacturing base’s 2nd phase
Envision AESC breaks ground on Wuxi battery manufacturing base’s 2nd phase

Envision AESC, the battery technology unit of Envision Group, on Monday started construction of the second phase of its manufacturing base in Wuxi city, Jiangsu province to produce the company's new-generation power batteries.

Feb. 8 , 2022
Highly, Marelli’s joint venture announces launch of global R&D center’s China unit
Highly, Marelli’s joint venture announces launch of global R&D center’s China unit

Highly Marelli, the joint venture between Highly Group and Marelli, inaugurated its global R&D center’s China unit on Feb. 7, only one year after the establishment of the joint venture.

Feb. 8 , 2022
NIO’s deliveries in Jan. 2022 grow 33.6% YoY
NIO’s deliveries in Jan. 2022 grow 33.6% YoY

NIO delivered 9,652 new vehicles in January 2022, representing a 33.6% jump compared to the prior-year period, according to the startup’s latest monthly sales results.

Feb. 7 , 2022
BAIC BluePark forecasts annual net loss of up to 5.3 billion yuan in 2021
BAIC BluePark forecasts annual net loss of up to 5.3 billion yuan in 2021

BAIC BluePark New Energy Technology Co.,Ltd. (called “BAIC BluePark” for short), the parent of Chinese NEV maker BAIC BJEV, claimed on Jan. 29 it is likely to record a net loss of 4.8 billion yuan to 5.3 billion yuan in 2021.

Jan. 29 , 2022
Farasis Energy’s 2021 net loss forecasted to widen to 1.1 billion yuan
Farasis Energy’s 2021 net loss forecasted to widen to 1.1 billion yuan

Farasis Energy (GanZhou) Co., Ltd. forecasted on Jan. 29 a net loss of 800 million yuan ($125.76 million) to 1.1 billion yuan ($173 million) attributable to shareholders for the year of 2021.

Jan. 29 , 2022
XPeng, Li Auto surpass NIO by 2021 registrations
XPeng, Li Auto surpass NIO by 2021 registrations

The top 6 China’s indigenous NEV startups all recorded highest-ever monthly registrations in Dec. 2021.

Jan. 28 , 2022