EV
GAC Group intends to build self-owned battery subsidiary
GAC Group intends to build self-owned battery subsidiary

GAC Group announced on Aug. 25 its board of directors had approved the proposal of building a battery subsidiary dedicated to the industrialization of the group's self-owned battery business.

Aug. 26 , 2022
HOZON Auto puts right-hand drive NETA V onto Thai market
HOZON Auto puts right-hand drive NETA V onto Thai market

HOZON Auto announced via its WeChat account that the right-hand drive NETA V officially hit the Thai market on August 24, making it the first Chinese NEV startup to enter the country.

Aug. 25 , 2022
CATL, GCL team up on battery swapping, recycling
CATL, GCL team up on battery swapping, recycling

CATL and GCL, a leading Chinese green and low-carbon technology developer, recently signed an agreement to form an all-around strategic cooperation on technology innovation, product R&D, heavy-duty truck battery swap, and battery recycling.

Aug. 25 , 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
XPeng Reports Second Quarter 2022 Unaudited Financial Results
XPeng Reports Second Quarter 2022 Unaudited Financial Results

​XPeng Inc., a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its unaudited financial results for the three months ended June 30, 2022.

Aug. 23 , 2022
NIO rumored to buy CALB’s batteries for ALPS-branded vehicles
NIO rumored to buy CALB’s batteries for ALPS-branded vehicles

NIO has formed cooperation with CALB Co., Ltd. on power battery supply for its yet-to-be-launched sub-brand “ALPS”, a local media outlet reported today, citing people with knowledge of this matter.

Aug. 23 , 2022