EV
CATL shrinks amount of capital to be raised
CATL shrinks amount of capital to be raised

CATL announced on Monday it has changed the amount of the capital it wishes to fetch from specified investors to 45 billion yuan ($7.051 billion) from the previously expected 58.2 billion.

Nov. 16 , 2021
GWM’s premium brand ‘Shalong’ to unveil new all-electric sedan model at Auto Guangzhou 2021
GWM’s premium brand ‘Shalong’ to unveil new all-electric sedan model at Auto Guangzhou 2021

Great Wall Motor's premium brand dubbed “Shalong” in Chinese will unveil an all-electric sedan model at the forthcoming Auto Guangzhou 2021, the automaker announced on Monday.

Nov. 15 , 2021
XPeng to launch new SUV model at Auto Guangzhou 2021
XPeng to launch new SUV model at Auto Guangzhou 2021

On Nov. 12, XPeng posted on its WeChat account a teaser photo of an all-new model that will be unveiled at the upcoming Auto Guangzhou 2021.

Nov. 12 , 2021
CATL contributes to 50.7% of China’s Jan.-Oct. installed battery capacity
CATL contributes to 50.7% of China’s Jan.-Oct. installed battery capacity

In October 2021, China's power battery outputs reached 25.1GWh, surging 191.6% year on year, while also growing 8.4% month on month, according to China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Nov. 11 , 2021
China has 2.253 million EV charging piles by Oct. 2021
China has 2.253 million EV charging piles by Oct. 2021

By the end of Oct. 2021, there were 2.253 million charging piles across China, up 50.4% from the same period of last year, according to the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA).

Nov. 10 , 2021
Evergrande Auto to sell HK$500 million worth of shares for vehicle production
Evergrande Auto to sell HK$500 million worth of shares for vehicle production

At HK$2.86 each share, which is 19.89% cheaper than the company’s closing price of HK$3.57 on November 9.

Nov. 10 , 2021