EV
Xiaomi, Huawei said to invest in NIO’s solid-state battery supplier Welion
Xiaomi, Huawei said to invest in NIO’s solid-state battery supplier Welion

Beijing Welion New Energy Technology Co.,Ltd. (Welion), who supplies solid-state batteries to companies including NIO, will nab around 500 million yuan ($78.261 million) from strategic investors like Xiaomi and Huawei.

Nov. 26 , 2021
Tesla begins deliveries of made-in-China Model Y Performance version
Tesla begins deliveries of made-in-China Model Y Performance version

Tesla has started delivering the China-made Model Y Performance version, the automaker announced on Nov.25 via its Weibo account.

Nov. 26 , 2021
Tesla to upgrade Giga Shanghai’s manufacturing lines for higher capacity
Tesla to upgrade Giga Shanghai’s manufacturing lines for higher capacity

Tesla plans to invest 1.2 billion yuan ($187.826 million) in revamping the assembly lines of its Shanghai Gigafactory’s first phase.

Nov. 26 , 2021
Evergrande Auto’s investment firm sees registered capital increase
Evergrande Auto’s investment firm sees registered capital increase

The registered capital of Evergrande New Energy Vehicle Investment Holdings Group Co., Ltd. (called “the company” for short), an investment firm affiliated with Evergrande Auto, has increased to $3.5 billion from $2.515 billion.

Nov. 25 , 2021
Zhejiang to build about 50 hydrogen refueling stations by 2025
Zhejiang to build about 50 hydrogen refueling stations by 2025

Zhejiang province is ambitious to deploy around 5,000 fuel cell vehicles (FCVs) in such fields as bus transportation, ports, and inter-city logistics service, and build about 50 hydrogen-refueling stations by 2025.

Nov. 24 , 2021
Haima Auto completes facility building for hydrogen production, refueling
Haima Auto completes facility building for hydrogen production, refueling

Haima Automobile Group Co.,Ltd. (Haima) announced on Nov. 23 that it has completed the building of the experimental facilities used for both water electrolysis hydrogen generation and high-pressure hydrogen refueling.

Nov. 24 , 2021