EV
VW Group China presents prototype of eVTOL aircraft
VW Group China presents prototype of eVTOL aircraft

Volkswagen Group China today launched its first prototype of an electric vertical take-off and landing (“eVTOL”) manned aircraft, indicating a milestone in the development of fully electric and sustainable individual mobility.

Jul. 27 , 2022
GAC AION announces establishment of energy subsidiary
GAC AION announces establishment of energy subsidiary

GAC AION announced on July 26 the formal establishment of GAC Energy Technology Co., Ltd. it jointly built with GAC Group, marking substantial progress following GAC Group's approval to set up this company on March 22.

Jul. 27 , 2022
China’s locally-made PV retail sales anticipated to grow 17.8% YoY in July 2022: CPCA
China’s locally-made PV retail sales anticipated to grow 17.8% YoY in July 2022: CPCA

China's passenger vehicle (“PV”) retail sales are anticipated to reach 1.77 million units in July 2022, growing 17.8% and 10.7% compared to the same span of 2021 and 2020, respectively, according to the China Passenger Car Association (“CPCA”).

Jul. 25 , 2022
China’s battery recycling firm JieCheng New Energy closes Series A round
China’s battery recycling firm JieCheng New Energy closes Series A round

Chinese battery recycling company JieCheng New Energy recently completed its Series A financing with over 100 million yuan ($14.801 million) raised, according to a local media outlet.

Jul. 25 , 2022
Gotion High-Tech approved by CSRC to issue GDRs, go public in Switzerland
Gotion High-Tech approved by CSRC to issue GDRs, go public in Switzerland

Gotion High-Tech Co., Ltd., ("Gotion High-Tech") announced last week it had received the approval for initial public offering of Global Depositary Receipts ("GDR") and public listing on the SIX Swiss Exchange AG from the China Securities Regulatory C

Jul. 25 , 2022