- SAIC-backed IM Motors plans for first public funding round
The first public financing round of IM Motors, an electric vehicle joint venture among SAIC Motor, Alibaba Group and Zhangjiang Hi-Tech, has already been in the works, Liu Tao, co-CEO of IM Motors, re...
May 06 , 2022
- GAC, Tencent-backed Greater Bay Technology secures 1 bln yuan in Series A financing
Guangzhou Greater Bay Technology (“GBT”), which specializes in the production, development and sales of super-fast charge lithium batteries, announced on May 5 it bagged 1 billion yuan ($149.894 m...
May 06 , 2022
- NIO announces proposed secondary listing on Singapore Exchange
NIO Inc. (“NIO”) announced on May 6 the proposed secondary listing of its Class A ordinary shares, par value of $0.00025, by means of introduction on the Main Board of the Singapore Exchange Secur...
May 06 , 2022
- China’s SEMCORP to build lithium battery separator manufacturing plant in U.S.
SEMCORP Manufacturing USA LLC, a subsidiary of Chinese paper packaging materials manufacturer SEMCORP, will set up a lithium battery separator manufacturing plant in Sideny, Ohio, United States.
May 05 , 2022
- CATL to launch 3rd-generation CTP battery “Qilin” in Q2 2022
CATL plans to formally launch the “Qilin” battery, its third-generation CTP (cell-to-pack) battery technology in the second quarter of 2022, Zeng Yuqun, CATL's chairman, said on May 5 at the lates...
May 05 , 2022
- GAC AION posts 113% YoY surge in Jan.-Apr. sales
GAC AION, the NEV-dedicated arm of GAC Group, sold 10,212 new vehicles in April 2022, representing a 49.74% month-on-month plunge due to the impact of the coronavirus resurgence on the supply chain an...
May 05 , 2022
- Leapmotor outsells XPeng, Li Auto and NIO in April 2022
China’s top 5 new energy vehicle startups all had a month-over-month decrease in April while Leapmotor outsold others by monthly deliveries for the first time.
May 01 , 2022
