EV
XPeng granted 7.5 billion yuan of credit line by Agricultural Bank of China
XPeng granted 7.5 billion yuan of credit line by Agricultural Bank of China

XPeng announced on April 27 it has signed a cooperation agreement with the Guangdong branch of Agricultural Bank of China (“ABC”) for a credit line worth up to 7.5 billion yuan ($1.143 billion).

Apr. 27 , 2022
CATL, Aiways team up on EVOGO battery swapping project
CATL, Aiways team up on EVOGO battery swapping project

Aiways and the power battery titan CATL recently inked a framework agreement for the cooperation on the EVOGO battery swapping project, according to a statement AIWAYS posted on its WeChat account on Wednesday.

Apr. 27 , 2022
Dongfeng Honda’s e:NS1 BEV model goes on sale, starting at 175,000 yuan
Dongfeng Honda’s e:NS1 BEV model goes on sale, starting at 175,000 yuan

Dongfeng Honda, the joint venture between Honda Motor and Dongfeng Motor Group, announced its first Honda-branded BEV model, the e:NS1, formally hit the market on April 26.

Apr. 27 , 2022
NIO hits production milestone of 200,000 vehicles
NIO hits production milestone of 200,000 vehicles

On April 26, NIO saw its 200,000th mass-produced vehicle come off the production line at the JAC-NIO Advanced Manufacturing Center in Hefei, according to the startup’s press release.

Apr. 26 , 2022
Car and City: March 2022 registrations of XPeng models
Car and City: March 2022 registrations of XPeng models

In March 2021, the monthly registrations of XPeng’s three mass-produced models hit a record high of 15,491 units, surging 151.5% year on year, while also rocketing 227.2% month on month, according to the data compiled by GARI.

Apr. 25 , 2022
NIO provides battery buyout option for BaaS users
NIO provides battery buyout option for BaaS users

NIO has provided a buyout option for its BaaS (Battery-as-a-Service) model, but has not given a concrete implementation scheme.

Apr. 25 , 2022