EV
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
NIO signs agreement to manufacture new sub-brand models at NeoPark
NIO signs agreement to manufacture new sub-brand models at NeoPark

NIO has signed a cooperation agreement with local authority of Hefei Economic & Technological development Zone for building the second-phase complete vehicle manufacturing base at the NeoPark and the supporting core auto parts projects.

May 10 , 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
NIO announces proposed secondary listing on Singapore Exchange
NIO announces proposed secondary listing on Singapore Exchange

NIO Inc. (“NIO”) announced on May 6 the proposed secondary listing of its Class A ordinary shares, par value of $0.00025, by means of introduction on the Main Board of the Singapore Exchange Securities Trading Limited (“the SGX-ST”).

May 6 , 2022