Chinese main power battery suppliers, CATL and Farasis Energy, recently confirmed their adjustment on battery prices due to the hike in raw materials prices.
Mar. 21 , 2022
On March 21st, Volkswagen Group China inked two memorandums of understanding with China’s Huayou Cobalt and Tsingshan Holding Group, respectively, to strengthen the auto group’s competitiveness in the electric mobility field.
Mar. 21 , 2022
Rising Auto saw the first PPV (production process validation) prototype of the R7, the first flagship model of the brand after its independent operation, roll off the production line on March 21.
Mar. 21 , 2022
GAC AION, the new energy vehicle (NEV)-dedicated arm of GAC Group, has already completed a new round of capital increase with a total of 2.566 billion yuan ($403.51 million) raised, the NEV maker announced on March 17.
Mar. 17 , 2022
Rockets Capital, a China-based private equity firm focusing on investments in the smart energy vehicle (EV) supply chain, announced on March 17 it has closed its first round of over $200 million in capital commitments, which was led by XPeng.
Mar. 17 , 2022
On March 17th, Tesla issued a price rise on the RWD Model Y in China, marking the EV maker’s third price within a week.
Mar. 17 , 2022