CATL said on Jan. 27 its full-year net profit attributable to shareholders in 2021 is forecasted to reach 14 billion yuan ($2.206 billion) to 16.5 billion yuan ($2.6 billion), surging 150.75% to 195.52% from the previous year.
Jan. 27 , 2022
CATL is about to build a joint venture with Yongxing Special Materials Technology Co.,Ltd., a Chinese steel products producer for the investment in a lithium carbonate manufacturing project.
Jan. 27 , 2022
BYD signed a framework agreement earlier this week with the municipal government of Xiangyang city, Hubei province to promote the construction of an industrial park that works on production of power batteries, auto parts, and other businesses.
Jan. 27 , 2022
China's NDRC and MOFCOM issued a document saying the central government will support Shenzhen in constructing and operating new-type integrated infrastructures for NEV charging, discharging, battery swapping, and energy storage.
Jan. 26 , 2022
NIO recently set up a subsidiary working on insurance brokerage business, a move in response to China’s launch of NEV (new energy vehicle)-dedicated commercial insurance.
Jan. 26 , 2022
Regarding the contribution of cities, Hangzhou transcended Zhengzhou to the champion place with 971 Li ONEs registered last month.
Jan. 25 , 2022