EV
China adds about 707,000 charging piles in Jan.-Apr. 2022, up 383.6% YoY
China adds about 707,000 charging piles in Jan.-Apr. 2022, up 383.6% YoY

For the first four months of 2022, around 707,000 charging piles (+383.6% YoY) were newly built in China, including 185,000 public piles (+204.6% YoY) and 522,000 private ones (+511.1% YoY).

May 12 , 2022
Tesla sells 1,512 China-made vehicles in April 2022
Tesla sells 1,512 China-made vehicles in April 2022

In the fourth month of 2022, Tesla sold 1,512 China-made vehicles in wholesale, according to the China Passenger Car Association (CPCA).

May 10 , 2022
SAIC Motor sets up wholly-owned energy technology subsidiary
SAIC Motor sets up wholly-owned energy technology subsidiary

SAIC Motor recently set up an energy technology subsidiary, whose business scope includes the sales of new energy vehicle (NEV) battery swapping facilities.

May 6 , 2022
SAIC-backed IM Motors plans for first public funding round
SAIC-backed IM Motors plans for first public funding round

The first public financing round of IM Motors, an electric vehicle joint venture among SAIC Motor, Alibaba Group and Zhangjiang Hi-Tech, has already been in the works, Liu Tao, co-CEO of IM Motors, recently revealed to a local media outlet.

May 6 , 2022
GAC, Tencent-backed Greater Bay Technology secures 1 bln yuan in Series A financing
GAC, Tencent-backed Greater Bay Technology secures 1 bln yuan in Series A financing

Guangzhou Greater Bay Technology (“GBT”), which specializes in the production, development and sales of super-fast charge lithium batteries, announced on May 5 it bagged 1 billion yuan ($149.894 million) in the A funding round.

May 6 , 2022