FAW Jiefang, the commercial vehicle arm of FAW Group, expects its annual new energy vehicle (NEV) sales to reach 120,000, 320,000, and 500,000 units in the year of 2025, 2030, and 2035, accounting for 20%, 50% and 70% of the company’s total sales.
Sep. 29 , 2021
Aulton, a Chinese leading battery swapping station provider, announced on Sept. 29 it banked 1.5 billion yuan ($232 million) in the Series B financing.
Sep. 29 , 2021
The C11, the third production model of the Chinese NEV startup Leapmotor, went on sale on Sept. 28. Coming with three trim levels, it is priced between 159,800 yuan ($24,710) and 199,800 yuan ($30,890) after incentives.
Sep. 29 , 2021
Shandong Geely Sunwoda Power Battery Co.,Ltd., a joint venture between Geely Automobile and Chinese lithium ion battery maker Sunwoda, was formally founded last week, marking the expansion of Geely’s deployment of NEV batteries.
Sep. 28 , 2021
Zhejiang Geely Holding Group (Geely Holding) expects to operate 5,000 smart battery swapping stations worldwide by 2025 through E-ENERGEE, the battery swapping service platform under Geely Technology Group.
Sep. 27 , 2021
BAIC BJEV and Huawei signed on Sept. 26 a framework agreement to deepen their strategic cooperation on building the co-brands “ARCFOX” and “HI”, BAIC BluePark New Energy Technology Co.,Ltd. announced.
Sep. 26 , 2021