EV
NIO’s vehicle sales in Q2 2022 grow YoY, but vehicle margin drops
NIO’s vehicle sales in Q2 2022 grow YoY, but vehicle margin drops

In the second quarter (Q2) of 2022, NIO Inc. recorded total revenue of 10,292.4 million yuan ($1,536.6 million), representing a 21.8% growth year-on-year and a 3.9% growth quarter-on-quarter.

Sep. 7 , 2022
Honda China, Dongfeng Motor, GAC Group to build battery procurement joint venture
Honda China, Dongfeng Motor, GAC Group to build battery procurement joint venture

Honda China announced today it had signed an agreement with Dongfeng Motor and GAC Group to build a power battery procurement joint venture.

Sep. 7 , 2022
CATL breaks ground on Xiamen new energy battery industrial base’s 1st phase
CATL breaks ground on Xiamen new energy battery industrial base’s 1st phase

On Sept. 6, CATL broke ground on the first phase of its new energy battery industrial base in Xiamen city, Fujian province, the battery giant said via its twitter-like Weibo account.

Sep. 7 , 2022
CATL, China Mobile to co-work on construction of zero-carbon data center
CATL, China Mobile to co-work on construction of zero-carbon data center

Chinese power battery giant CATL and the state-owned telecommunications operator China Mobile signed a framework agreement on Sept. 1 to carry out strategic cooperation on a slew of businesses including construction of a zero-carbon data center.

Sep. 2 , 2022
HOZON Auto surpasses XPeng to top Chinese NEV startups by Jan.-Aug. deliveries
HOZON Auto surpasses XPeng to top Chinese NEV startups by Jan.-Aug. deliveries

In August 2022, the top 5 Chinese new energy vehicle (NEV) startups faced different movement in their monthly deliveries with the rankings slightly changing from the previous month.

Sep. 1 , 2022
NIO’s monthly deliveries shoot up 81.6% YoY in Aug. 2022
NIO’s monthly deliveries shoot up 81.6% YoY in Aug. 2022

NIO today announced its vehicle deliveries reached 10,677 units in August 2022, surging 81.6% year on year, while also climbing 6.2% month on month.

Sep. 1 , 2022