EV
China’s fuel cell tech developer FTXT Energy bags 555 million yuan in Series B financing
China’s fuel cell tech developer FTXT Energy bags 555 million yuan in Series B financing

FTXT Energy Technology Co., Ltd. announced on Nov. 30 the completion of its Series B financing.

Nov. 30 , 2022
PetroChina sets up subsidiary for NEV-related businesses
PetroChina sets up subsidiary for NEV-related businesses

PetroChina Company Limited (PetroChina), a Chinese oil & gas producer and the listed arm of Chinese state-owned China National Petroleum Corporation ("CNPC"), recently set up a subsidiary permitted to work on a slew of businesses related to new energ

Nov. 30 , 2022
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
Great Wall Motor launches NEV-dedicated brand ‘GWM’ in Brazil
Great Wall Motor launches NEV-dedicated brand ‘GWM’ in Brazil

Chinese biggest SUV manufacturer, Great Wall Motor, held a ceremony in Brazil on Nov. 23 local time to launch the brand "GWM" in this country, indicating a milestone in the company's global promotion of its new energy vehicles.

Nov. 25 , 2022
Car and City: ZEEKR 001’s monthly registrations hit new high in Oct. 2022
Car and City: ZEEKR 001’s monthly registrations hit new high in Oct. 2022

In Oct. 2022, the monthly registrations of the ZEEKR 001, the first production model under Geely Auto's premium car brand ZEEKR, hit a record high of 9,566 units, jumping 19.14% MoM.

Nov. 24 , 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