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  • China
    China expects 50,000 FCVs to run on roads by 2025

    The Chinese government is aiming to put around 50,000 fuel cell vehicles (FCVs) on the roads by 2025, according to a document jointly issued by China's National Development and Reform Commission (NDRC...

    Mar. 23 , 2022

    • Li
      Li Auto lifts vehicle price

      The price of Li ONE will be raised by RMB11,800 to RMB349,800.

      Mar. 23 , 2022

      • GAC
        GAC Group plans to build energy subsidiary for power, battery recycling ecosystem

        China's state-run auto group GAC Group announced on Mar. 22 its board of directors has agreed the plan to build an energy subsidiary, as part of efforts to strengthen the building of EV power network ...

        Mar. 22 , 2022

        • NIO
          NIO Capital closes Eve ONE Fund II at about $400 million

          NIO Capital, a Chinese investment firm sponsored by NIO, announced on Mar. 20 the final closing of its flagship fund, Eve ONE Fund II L.P. (“the Fund II”), at around $400 million.

          Mar. 22 , 2022

          • CATL,
            CATL, Farasis Energy confirm battery price rise due to hike in raw materials prices

            Chinese main power battery suppliers, CATL and Farasis Energy, recently confirmed their adjustment on battery prices due to the hike in raw materials prices.

            Mar. 21 , 2022

            • Volkswagen
              Volkswagen China to set up joint ventures with Huayou Cobalt, Tsingshan Holding Group

              On March 21st, Volkswagen Group China inked two memorandums of understanding with China’s Huayou Cobalt and Tsingshan Holding Group, respectively, to strengthen the auto group’s competitiveness in...

              Mar. 21 , 2022

              • SAIC
                SAIC Motor’s NEV brand Rising Auto says R7’s first PPV prototype comes off line

                Rising Auto saw the first PPV (production process validation) prototype of the R7, the first flagship model of the brand after its independent operation, roll off the production line on March 21.

                Mar. 21 , 2022

                • Leapmotor,
                  Leapmotor, XPeng, WM Motor, Geely’s Geometry lift price on NEVs

                  Several of China’s EV startups all announced price rises on their models, including Leapmotor, WM Motor, XPeng, and Geely’s sub-brand, Geometry, during March 18th-19th.

                  Mar. 21 , 2022

                  • Sunwoda
                    Sunwoda EVB to build 20GWh battery production base in Sichuan province

                    Sunwoda EVB will sign an agreement with the government of Shifang, a county-level city of China’s Sichuan province, for a power battery manufacturing project.

                    Mar. 18 , 2022

                    • HOZON
                      HOZON Auto announces price rise due to raw materials price growth, supply crunch

                      HOZON Auto announced on March 18 it has lifted prices of several models by 3,000 yuan ($470) to 5,000 yuan ($790) due to multiple factors like the increase in prices of raw materials and supply constr...

                      Mar. 18 , 2022

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1
CATL unveils No Propagation 3.0 battery safety technology, Shenxing Pro LFP battery in Munich
2
KargoBot.ai partners with SuperPanther to develop new energy L4 autonomous heavy-duty trucks
3
XPENG teams up with Magna for local EV production in Europe
4
BYD to begin local EV production in Europe by 2028
1
Chery’s EXEED launches images of next-generation concept SUV AtlantiX
2
NIO users in China accumulate over 5 billion kilometers of driving distance
3
Gasgoo Daily: Haima to deploy 2,000 FCVs
4
Gasgoo Awards 2022 applicant: Automotive 16-bit ADC from CHIPWAYS

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