EV
High-end new energy vehicle brands from China’s legacy automakers reveal new financing efforts
High-end new energy vehicle brands from China’s legacy automakers reveal new financing efforts

Within only one month, four high-end new energy vehicle brands from China’s legacy automakers revealed new financing activities.

Aug. 16 , 2022
NIO, UNDP join hands to develop Clean Parks platform
NIO, UNDP join hands to develop Clean Parks platform

On August 15, NIO inked an agreement with the United Nations Development Programme (“UNDP”) to introduce the latter as a new co-builder of its Clean Parks ecosystem co-construction initiative.

Aug. 15 , 2022
XPeng launches S4 super-fast charging pile
XPeng launches S4 super-fast charging pile

As of August 15, 2022, XPeng has already deployed 1,000 self-operating charging stations across China, including 799 supercharging stations and 201 destination charging stations.

Aug. 15 , 2022
Dongfeng Motor launches Hubei’s first power battery safety storage base
Dongfeng Motor launches Hubei’s first power battery safety storage base

On August 9, Dongfeng Motor’s technology center started the usage of its power battery storage boxes, indicating the launch of the first power battery safety storage base in China’s Hubei province.

Aug. 12 , 2022
GAC Group to build subsidiary for electric drive system production
GAC Group to build subsidiary for electric drive system production

GAC Group announced on August 11 it would invest a total of 2.16 billion yuan ($320.218 million) in building an electric drive technology subsidiary.

Aug. 12 , 2022
China’s Jan.-Jul. power battery installed capacity zooms up 110.6% YoY
China’s Jan.-Jul. power battery installed capacity zooms up 110.6% YoY

In July 2022, China's power battery output reached 47.2GWh, soaring 172.2% year on year, while also jumping 14.4% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Aug. 11 , 2022