EV
Li Auto breaks ground on power semiconductor R&D, production base in Suzhou
Li Auto breaks ground on power semiconductor R&D, production base in Suzhou

On August 24, Li Auto officially started construction of its power semiconductor R&D and production base in Suzhou city, Jiangsu province.

Aug. 24 , 2022
DENZA D9 hits market, starting at 329,800 yuan
DENZA D9 hits market, starting at 329,800 yuan

DENZA, a premium auto brand majority-owned by BYD, saw its all-new MPV model "D9" officially hit the market on August 23. Coming with seven trim levels, the DENZA D9 features a price range of 329,800 yuan to 459,800 yuan ($48,080-$67,040).

Aug. 24 , 2022
CATL sees H1 2022 net profit surge 82.17% YoY
CATL sees H1 2022 net profit surge 82.17% YoY

CATL announced this week its revenue reached 112,971,257,900 yuan ($16.489 billion) for the first half of 2022 (“H1 2022”) thanks to the growth in its business scale, surging 156.32% from the previous year.

Aug. 24 , 2022
NIO to start delivery of ET7s in European countries this year
NIO to start delivery of ET7s in European countries this year

A vessel carrying dozens of NIO's ET7s has already departed for Europe this month, the Chinese NEV startup announced via its WeChat account, marking a further progress of NIO's overseas offensive.

Aug. 22 , 2022
China’s Hainan province highlights goal of banning oil-fueled vehicle sale by 2030
China’s Hainan province highlights goal of banning oil-fueled vehicle sale by 2030

Hainan, the first province in China to come up with the timeframe of banning the sale of oil-fueled automobiles, stressed the aim in an implementation scheme for peaking carbon dioxide emissions issued by Hainan provincial government today.

Aug. 22 , 2022