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  • Farasis
    Farasis Energy’s 2021 net loss forecasted to widen to 1.1 billion yuan

    Farasis Energy (GanZhou) Co., Ltd. forecasted on Jan. 29 a net loss of 800 million yuan ($125.76 million) to 1.1 billion yuan ($173 million) attributable to shareholders for the year of 2021.

    Jan. 29 , 2022

    • XPeng,
      XPeng, Li Auto surpass NIO by 2021 registrations

      The top 6 China’s indigenous NEV startups all recorded highest-ever monthly registrations in Dec. 2021.

      Jan. 28 , 2022

      • Car
        Car and City: December 2021 registrations of NIO models

        NIO failed to maintain the championship among Chinese NEV startups in terms of year-to-date registrations, only ranking third with 90,866 vehicles registered through 2021.

        Jan. 28 , 2022

        • CATL
          CATL expects 2021’s net profit to soar up to 195.52% YoY

          CATL said on Jan. 27 its full-year net profit attributable to shareholders in 2021 is forecasted to reach 14 billion yuan ($2.206 billion) to 16.5 billion yuan ($2.6 billion), surging 150.75% to 195.5...

          Jan. 27 , 2022

          • CATL,
            CATL, Yongxing Materials to build joint venture for lithium carbonate smelting

            CATL is about to build a joint venture with Yongxing Special Materials Technology Co.,Ltd., a Chinese steel products producer for the investment in a lithium carbonate manufacturing project.

            Jan. 27 , 2022

            • BYD
              BYD to build industrial park in Hubei’s Xiangyang for power battery, NEV parts production

              BYD signed a framework agreement earlier this week with the municipal government of Xiangyang city, Hubei province to promote the construction of an industrial park that works on production of power b...

              Jan. 27 , 2022

              • Sokon
                Sokon Group initiates private placement to develop EV models

                Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon Group), the holding company of the auto brand, SERES, is planning to raise RMB7.13 billion ($1.125 billion) through private placement.

                Jan. 27 , 2022

                • CALB
                  CALB to build 100GWh power battery, energy storage system bases in Guangzhou, Jiangmen

                  CALB signed two investment agreements this week for the plans to build power battery and energy storage system manufacturing bases in Guangzhou and Jiangmen cities of Guangdong provinces.

                  Jan. 27 , 2022

                  • Car
                    Car and City: December 2021 registrations of XPeng models

                    In terms of Dec. registrations of China's domestically-built new energy passenger vehicle (NEPV) models, XPeng still topped the other Chinese NEV startups and ranked eighth among auto brands in the wo...

                    Jan. 26 , 2022

                    • China
                      China encourages Shenzhen to boost deployment of EV charging, battery swap facilities

                      China's NDRC and MOFCOM issued a document saying the central government will support Shenzhen in constructing and operating new-type integrated infrastructures for NEV charging, discharging, battery s...

                      Jan. 26 , 2022

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Gasgoo Awards 2022 applicant: Automotive 16-bit ADC from CHIPWAYS

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