EV
Farasis Energy’s 2021 net loss forecasted to widen to 1.1 billion yuan
Farasis Energy’s 2021 net loss forecasted to widen to 1.1 billion yuan

Farasis Energy (GanZhou) Co., Ltd. forecasted on Jan. 29 a net loss of 800 million yuan ($125.76 million) to 1.1 billion yuan ($173 million) attributable to shareholders for the year of 2021.

Jan. 29 , 2022
XPeng, Li Auto surpass NIO by 2021 registrations
XPeng, Li Auto surpass NIO by 2021 registrations

The top 6 China’s indigenous NEV startups all recorded highest-ever monthly registrations in Dec. 2021.

Jan. 28 , 2022
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
Sokon Group initiates private placement to develop EV models
Sokon Group initiates private placement to develop EV models

Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon Group), the holding company of the auto brand, SERES, is planning to raise RMB7.13 billion ($1.125 billion) through private placement.

Jan. 27 , 2022
CALB to build 100GWh power battery, energy storage system bases in Guangzhou, Jiangmen
CALB to build 100GWh power battery, energy storage system bases in Guangzhou, Jiangmen

CALB signed two investment agreements this week for the plans to build power battery and energy storage system manufacturing bases in Guangzhou and Jiangmen cities of Guangdong provinces.

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