- GWM-backed battery maker SVOLT bags 6 billion yuan in B+ funding round
SVOLT, a GWM (Great Wall Motor)-linked Chinese power battery maker, has secured 6 billion yuan ($942.11 million) in a B+ funding round, the company announced a few days ago via its WeChat account.
Dec. 13 , 2021
- China has 2.385 million EV charging piles by Nov. 2021
By the end of Nov. 2021, there were 2.385 million charging piles deployed across China, up 55% from the same period of last year, according to the China Electric Vehicle Charging Infrastructure Promot...
Dec. 10 , 2021
- NIO fulfills annual target of battery swap station deployment ahead of schedule
NIO installed its 700th battery swap station in China on Dec. 10, hitting its annual target ahead of schedule, according to NIO’s press release.
Dec. 10 , 2021
- Tesla Model 3’s new versions unveiled in MIIT’s patent images with lower e-motor output
The Tesla Model 3, currently one of hotter-selling all-electric sedan model in China, will soon get two new versions with lower e-motor power outputs, according to the Ministry of Industry and Informa...
Dec. 10 , 2021
- BYD said to seek external IGBT supplies as semiconductor unit facing tight capacity
BYD has placed an order worth over 100 million yuan ($15.762 million) to Hangzhou Silan Microelectronics Co., Ltd. (Silan), a Chinese semiconductor manufacturer, for automotive-grade IGBTs
Dec. 09 , 2021
- Li ONE likely to have cheaper variant with lower battery capacity
Li ONE's new version is expected to be cheaper than the existing model for sales due to the lower battery energy capacity.
Dec. 09 , 2021
- GWM-backed battery maker SVOLT to raise annual capacity to 600GWh by 2025
SVOLT, a Chinese power battery manufacturer carved out of GWM, is ambitious to accomplish an annual power battery capacity goal of 600GWh by 2025, the company said on Dec. 8, significantly rising from...
Dec. 09 , 2021
- Tesla sells 52,859 China-made vehicles in November
Tesla sold 52,859 China-made vehicles in November, according to the China Passenger Car Association (CPCA). Last month, Tesla exported 21,127 Shanghai-made vehicles to other countries.
Dec. 08 , 2021
