EV
Car and City: December 2021 registrations of NIO models
Car and City: December 2021 registrations of NIO models

NIO failed to maintain the championship among Chinese NEV startups in terms of year-to-date registrations, only ranking third with 90,866 vehicles registered through 2021.

Jan. 28 , 2022
CATL expects 2021’s net profit to soar up to 195.52% YoY
CATL expects 2021’s net profit to soar up to 195.52% YoY

CATL said on Jan. 27 its full-year net profit attributable to shareholders in 2021 is forecasted to reach 14 billion yuan ($2.206 billion) to 16.5 billion yuan ($2.6 billion), surging 150.75% to 195.52% from the previous year.

Jan. 27 , 2022
CATL, Yongxing Materials to build joint venture for lithium carbonate smelting
CATL, Yongxing Materials to build joint venture for lithium carbonate smelting

CATL is about to build a joint venture with Yongxing Special Materials Technology Co.,Ltd., a Chinese steel products producer for the investment in a lithium carbonate manufacturing project.

Jan. 27 , 2022
Car and City: December 2021 registrations of XPeng models
Car and City: December 2021 registrations of XPeng models

In terms of Dec. registrations of China's domestically-built new energy passenger vehicle (NEPV) models, XPeng still topped the other Chinese NEV startups and ranked eighth among auto brands in the world's largest auto market.

Jan. 26 , 2022
China encourages Shenzhen to boost deployment of EV charging, battery swap facilities
China encourages Shenzhen to boost deployment of EV charging, battery swap facilities

China's NDRC and MOFCOM issued a document saying the central government will support Shenzhen in constructing and operating new-type integrated infrastructures for NEV charging, discharging, battery swapping, and energy storage.

Jan. 26 , 2022
NIO builds insurance brokerage subsidiary
NIO builds insurance brokerage subsidiary

NIO recently set up a subsidiary working on insurance brokerage business, a move in response to China’s launch of NEV (new energy vehicle)-dedicated commercial insurance.

Jan. 26 , 2022