EV
SAIC Motor’s ‘asset-light’ Rising Auto to launch at least one model per year
SAIC Motor’s ‘asset-light’ Rising Auto to launch at least one model per year

Compared to other auto brands, Rising Auto faces much less pressure in technology investment and production facility construction as it was born to enjoy the technologies, resources and capabilities of SAIC Motor.

Apr. 29 , 2022
EVE Energy to pour 20 billion yuan in building battery manufacturing base, R&D hub in Chengdu
EVE Energy to pour 20 billion yuan in building battery manufacturing base, R&D hub in Chengdu

EVE Energy intends to sign a formal agreement with the Management Committee of Chengdu Economic Technological Development Area for the construction of a power & energy storage battery manufacturing base and a research institute in Chengdu.

Apr. 28 , 2022
XPeng granted 7.5 billion yuan of credit line by Agricultural Bank of China
XPeng granted 7.5 billion yuan of credit line by Agricultural Bank of China

XPeng announced on April 27 it has signed a cooperation agreement with the Guangdong branch of Agricultural Bank of China (“ABC”) for a credit line worth up to 7.5 billion yuan ($1.143 billion).

Apr. 27 , 2022
GAC Honda to start presale of e:NP1 BEV in May
GAC Honda to start presale of e:NP1 BEV in May

On April 25, Honda China held an online event to announce the “e:N brand declaration” that embodies the automaker’s 70-year car-building genes and the brand slogan “reshaping the driving fun of EV”.

Apr. 26 , 2022
EVE Energy’s power battery business scores 146.25% YoY hike in 2021 revenue
EVE Energy’s power battery business scores 146.25% YoY hike in 2021 revenue

EVE Energy's power battery business recorded annual revenue of 10.007 billion yuan ($1.526 billion) in 2021, which represented a 146.25% year-on-year hike.

Apr. 26 , 2022
NIO hits production milestone of 200,000 vehicles
NIO hits production milestone of 200,000 vehicles

On April 26, NIO saw its 200,000th mass-produced vehicle come off the production line at the JAC-NIO Advanced Manufacturing Center in Hefei, according to the startup’s press release.

Apr. 26 , 2022