EV
HOZON Auto obtains 6 billion yuan worth of credit line from Huaxia Bank’s Shanghai branch
HOZON Auto obtains 6 billion yuan worth of credit line from Huaxia Bank’s Shanghai branch

HOZON Auto signed an agreement a few days ago with Huaxia Bank's Shanghai branch to conduct all-around strategic cooperation in such fields as conventional financing, supply chain finance, etc.

Aug. 15 , 2022
CATL plans to build power battery system production base in Hungary
CATL plans to build power battery system production base in Hungary

CATL announced on August 12 that its board of directors had approved the proposal of building an industrial new energy vehicle ("NEV") battery base in Hungary.

Aug. 12 , 2022
Dongfeng Motor launches Hubei’s first power battery safety storage base
Dongfeng Motor launches Hubei’s first power battery safety storage base

On August 9, Dongfeng Motor’s technology center started the usage of its power battery storage boxes, indicating the launch of the first power battery safety storage base in China’s Hubei province.

Aug. 12 , 2022
Geely-backed RADAR reveals interior of RD6 electric pickup
Geely-backed RADAR reveals interior of RD6 electric pickup

RADAR, the full electric outdoor lifestyle vehicle brand launched by Zhejiang Geely Holding Group ("Geely Holding"), released a set of images to unveil the exterior and interior details of the RD6 pickup truck.

Aug. 10 , 2022
Bosch-backed VC firm invests in Chinese battery design solution provider Electroder
Bosch-backed VC firm invests in Chinese battery design solution provider Electroder

Suzhou Electroder Technology Co., Ltd. ("Electroder"), a Chinese battery design service provider, recently completed its Series A funding round with tens of millions of yuan raised.

Aug. 9 , 2022
SGMW hits sales milestone of 1 million new energy vehicles
SGMW hits sales milestone of 1 million new energy vehicles

SAIC-GM-Wuling (SGMW), General Motors' joint venture with Chinese partners SAIC Motor and Guangxi Automobile Group, announced today its cumulative new energy vehicle ("NEV") sales had reached 1 million units.

Aug. 8 , 2022