EV
China has 2.253 million EV charging piles by Oct. 2021
China has 2.253 million EV charging piles by Oct. 2021

By the end of Oct. 2021, there were 2.253 million charging piles across China, up 50.4% from the same period of last year, according to the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA).

Nov. 10 , 2021
Evergrande Auto to sell HK$500 million worth of shares for vehicle production
Evergrande Auto to sell HK$500 million worth of shares for vehicle production

At HK$2.86 each share, which is 19.89% cheaper than the company’s closing price of HK$3.57 on November 9.

Nov. 10 , 2021
NIO Inc. Reports Unaudited Third Quarter 2021 Financial Results
NIO Inc. Reports Unaudited Third Quarter 2021 Financial Results

Cash and cash equivalents, restricted cash and short-term investment were RMB47.0 billion (US$7.3 billion) as of September 30, 2021.

Nov. 10 , 2021
CPCA’s secretary general says China’s NEPV penetration rate expected to top 20% in 2022
CPCA’s secretary general says China’s NEPV penetration rate expected to top 20% in 2022

The penetration rate of new energy passenger vehicles (NEPVs) in China is expected to surpass 20% in 2022, Cui Dongshu, secretary general of the CPCA (China Passenger Car Association), said on Nov. 3.

Nov. 3 , 2021
NIO ranks fifth by Oct. deliveries among China's top NEV startups
NIO ranks fifth by Oct. deliveries among China's top NEV startups

XPeng Motors became the most popular new energy vehicle (NEV) startup in China with highest October deliveries, and Hozon surprised the industry as the runner-up with monthly deliveries outnumbering Li Auto and NIO.

Nov. 1 , 2021
GAC receives over 20,000 orders of AION series vehicles in Oct.
GAC receives over 20,000 orders of AION series vehicles in Oct.

GAC AION, GAC Group’s wholly-owned subsidiary dedicated to all-electric car business, announced the monthly order volume of its AION series reached about 23,000 units in October, for the first time surpassing 20,000 units.

Nov. 1 , 2021