EV
BYD to develop power battery manufacturing, mining projects in Yichun
BYD to develop power battery manufacturing, mining projects in Yichun

BYD Company Limited ("BYD") signed a strategic cooperation framework agreement to develop power battery manufacturing and mining projects in Yichun city.

Aug. 16 , 2022
High-end new energy vehicle brands from China’s legacy automakers reveal new financing efforts
High-end new energy vehicle brands from China’s legacy automakers reveal new financing efforts

Within only one month, four high-end new energy vehicle brands from China’s legacy automakers revealed new financing activities.

Aug. 16 , 2022
NIO, UNDP join hands to develop Clean Parks platform
NIO, UNDP join hands to develop Clean Parks platform

On August 15, NIO inked an agreement with the United Nations Development Programme (“UNDP”) to introduce the latter as a new co-builder of its Clean Parks ecosystem co-construction initiative.

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
GAC Group to build subsidiary for electric drive system production
GAC Group to build subsidiary for electric drive system production

GAC Group announced on August 11 it would invest a total of 2.16 billion yuan ($320.218 million) in building an electric drive technology subsidiary.

Aug. 12 , 2022