EV
NIO Co.,Ltd.'s registered capital grows 20% to $3 billion
NIO Co.,Ltd.'s registered capital grows 20% to $3 billion

The registered capital of NIO Co.,Ltd. increased by $0.5 billion to $3 billion on Sept. 18, according to the update from the Chinese business data platform Qichacha.

Sep. 22 , 2021
Li Auto cuts Q3 delivery forecast due to chip supply shortage
Li Auto cuts Q3 delivery forecast due to chip supply shortage

After the adjustment in quarterly delivery outlook, its September deliveries are expected to be around 6,478 vehicles, unable to achieve the target of 10,000 vehicle per month it set earlier this year.

Sep. 20 , 2021
Tesla exports 97,496 China-made vehicles to 10 plus countries, regions in first 8 months
Tesla exports 97,496 China-made vehicles to 10 plus countries, regions in first 8 months

For the first eight months of 2021, Tesla exported 97,496 made-in-China vehicles to more than 10 countries and regions.

Sep. 18 , 2021
VW-backed Gotion High-Tech raises 2025 power battery capacity target to 300GWh
VW-backed Gotion High-Tech raises 2025 power battery capacity target to 300GWh

Chinese battery manufacturer Gotion High-Tech has significantly raised the goal of battery capacity for the year of 2025 to 300GWh from the previously announced 100GWh.

Sep. 17 , 2021
Changan Auto expects annual NEV sales to surpass 1 million units in 2025
Changan Auto expects annual NEV sales to surpass 1 million units in 2025

Changan plans to launch 21 all-new intelligent all-electric vehicle models within five years and expects its annual new energy vehicle (NEV) sales to reach 1.05 million units by 2025, said Wang Jun, President of Changan.

Sep. 17 , 2021
China’s SVOLT to build 60GWh power battery manufacturing base in Chengdu
China’s SVOLT to build 60GWh power battery manufacturing base in Chengdu

On Sept. 16, SVOLT entered into a strategic cooperation agreement with Chengdu Municipal Government to build a power battery manufacturing and R&D base in the capital of Sichuan Province.

Sep. 17 , 2021