EV
CATL, SAIC Motor’s JV UABC has 16GWh cell production lines under construction
CATL, SAIC Motor’s JV UABC has 16GWh cell production lines under construction

United Auto Battery Corp. United Auto Battery Co., Ltd. (UABC) has reached an annual battery cell production capacity of 26GWh and has begun building the second phase of 16GWh cell manufacturing lines.

Dec. 13 , 2021
BYD scales up battery production capacity to support fast-growing NEV sales
BYD scales up battery production capacity to support fast-growing NEV sales

Grasping this supply chain helps BYD reduce car production costs and earn more market share for its self-owned auto brands in China.

Dec. 13 , 2021
GWM-backed battery maker SVOLT bags 6 billion yuan in B+ funding round
GWM-backed battery maker SVOLT bags 6 billion yuan in B+ funding round

SVOLT, a GWM (Great Wall Motor)-linked Chinese power battery maker, has secured 6 billion yuan ($942.11 million) in a B+ funding round, the company announced a few days ago via its WeChat account.

Dec. 13 , 2021
BYD said to seek external IGBT supplies as semiconductor unit facing tight capacity
BYD said to seek external IGBT supplies as semiconductor unit facing tight capacity

BYD has placed an order worth over 100 million yuan ($15.762 million) to Hangzhou Silan Microelectronics Co., Ltd. (Silan), a Chinese semiconductor manufacturer, for automotive-grade IGBTs

Dec. 9 , 2021
Li ONE likely to have cheaper variant with lower battery capacity
Li ONE likely to have cheaper variant with lower battery capacity

Li ONE's new version is expected to be cheaper than the existing model for sales due to the lower battery energy capacity.

Dec. 9 , 2021
GWM-backed battery maker SVOLT to raise annual capacity to 600GWh by 2025
GWM-backed battery maker SVOLT to raise annual capacity to 600GWh by 2025

SVOLT, a Chinese power battery manufacturer carved out of GWM, is ambitious to accomplish an annual power battery capacity goal of 600GWh by 2025, the company said on Dec. 8, significantly rising from the previously expected 320GWh.

Dec. 9 , 2021