EV
NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2021 Financial Results
NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2021 Financial Results

NIO today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021.

Mar. 25 , 2022
First mass-produced NIO ET7s roll off production line
First mass-produced NIO ET7s roll off production line

The first mass-produced NIO ET7s came off the production line on March 24, according to a post on NIO's WeChat account.

Mar. 24 , 2022
BYD, Shell to build joint venture for EV charging network development in China
BYD, Shell to build joint venture for EV charging network development in China

Global energy giant Shell and Chinese automaker BYD plan to build a joint venture focusing on developing an electric vehicle (EV) charging network in China, as part of the global strategic cooperation both parties reached on March 24.

Mar. 24 , 2022
GAC Group plans to build energy subsidiary for power, battery recycling ecosystem
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 and ultimately achieve carbon neutrality.

Mar. 22 , 2022
NIO Capital closes Eve ONE Fund II at about $400 million
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, Farasis Energy confirm battery price rise due to hike in raw materials prices
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