EV
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
Li Auto discontinues sales of Li ONE
Li Auto discontinues sales of Li ONE

Li Auto, the Chinese new energy vehicle (NEV) startup, took the sales and order portal of its first model, the Li ONE, off the company's official website and app.

Jun. 9 , 2023
Dongfeng Motor Corporation posts 15% YoY jump in May new energy vehicle sales
Dongfeng Motor Corporation posts 15% YoY jump in May new energy vehicle sales

Dongfeng Motor Corporation (DFMC), one of the legacy Chinese automakers, reported a strong performance in its new energy vehicle (NEV) sales for the month of May.

Jun. 9 , 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
China’s Chongqing issues policy to subsidize construction, operation of EV charging, battery swap facilities
China’s Chongqing issues policy to subsidize construction, operation of EV charging, battery swap facilities

Chongqing city's municipal Finance Bureau and Commission of Economy and Information Technology recently co-released a new set of financial subsidy policies for the year 2023 concerning the development of charging and battery-swapping infrastructures.

Jun. 8 , 2023
BYD’s personalized ‘F’ brand likely to be named ‘Fang Cheng Bao’
BYD’s personalized ‘F’ brand likely to be named ‘Fang Cheng Bao’

On June 8th, during the intense 2023 Gaokao period, BYD once again unveiled a teaser for its F brand. The intriguing "F brand Gaokao comprehensive paper" hinted at a key clue: "FCB".

Jun. 8 , 2023