EV
SVOLT obtains 5.1 billion yuan financial support for Huzhou base construction
SVOLT obtains 5.1 billion yuan financial support for Huzhou base construction

SVOLT Energy Technology (Huzhou) Co., Ltd. signed an agreement with a bank consortium on Nov. 29 for a 4.5 billion worth of loan and a funding support of 600 million yuan.

Nov. 30 , 2022
Aiways to supply Thailand’s Phoenix EV with 150,000 NEVs
Aiways to supply Thailand’s Phoenix EV with 150,000 NEVs

Chinese NEV startup Aiways has entered into a strategic cooperation with the Bangkok-headquartered Phoenix EV in order to supply its new energy vehicles (NEVs) to the latter, a local media outlet reported on Nov. 28.

Nov. 28 , 2022
Beijing aims to have 74 hydrogen refueling stations under operation by 2025
Beijing aims to have 74 hydrogen refueling stations under operation by 2025

Beijing, the capital of China, is ambitious to have 74 operational hydrogen-refueling stations by 2025, 37 stations of which are expected to be built by 2023.

Nov. 25 , 2022
XPeng sets up battery subsidiary with 5 billion yuan of registered capital
XPeng sets up battery subsidiary with 5 billion yuan of registered capital

Chinese new energy vehicle startup XPeng recently founded a battery subsidiary, which is regarded as part of efforts to start its battery self-supply deployment.

Nov. 23 , 2022
BYD announces new price rise plan on some NEV models
BYD announces new price rise plan on some NEV models

BYD announced on Nov. 23 that it will raise the guidance prices of some NEV models under its Dynasty and Ocean series, and DENZA brand by 2,000 yuan to 6,000 yuan ($280-$840) per car.

Nov. 23 , 2022
NIO starts operating first battery swap stations co-built with CNOOC
NIO starts operating first battery swap stations co-built with CNOOC

NIO announced via its WeChat account the first battery swapping stations co-developed with China National Offshore Oil Corporation ("CNOOC") officially started operation on Nov. 22.

Nov. 23 , 2022