EV
HOZON Auto nets 4 billion yuan in D1 funding round, led by 360 Security
HOZON Auto nets 4 billion yuan in D1 funding round, led by 360 Security

HOZON Auto, the owner of EV brand NETA, has nabbed 4 billion yuan ($625.322 million) in its D1 funding round, the Chinese EV startup announced on Oct. 27.

Oct. 28 , 2021
Li Auto’s 100,000th vehicle rolls off production line
Li Auto’s 100,000th vehicle rolls off production line

China’s new energy vehicle (NEV) innovator Li Auto celebrated its production of 100,000th vehicle today at its Changzhou base.

Oct. 28 , 2021
CATL licenses Hyundai Mobis to use CTP technology
CATL licenses Hyundai Mobis to use CTP technology

CATL and Hyundai Mobis Co., Ltd. (MOBIS), a South Korean auto parts supplier, on Oct. 27 signed a technology licensing and partnership agreement, under which CATL will grant its CTP technology to MOBIS.

Oct. 27 , 2021
BYD permitted by HKEX to hive off BYD Semiconductor for A-share listing
BYD permitted by HKEX to hive off BYD Semiconductor for A-share listing

Hong Kong Stock Exchange (HKEX) confirmed on Oct. 22 that BYD Company Limited (called “BYD” or “the Company” for short) may proceed with the spin-off and separate listing of its non-wholly-owned subsidiary BYD Semiconductor.

Oct. 26 , 2021
WM Motor begins ‘SUV & sedan’ strategy with launch of M7 sedan
WM Motor begins ‘SUV & sedan’ strategy with launch of M7 sedan

WM Motor launched its first sedan model, the M7, on Oct. 22, indicating that the Chinese EV startup formally began its two-pronged product deployment integrating both SUVs and cars.

Oct. 25 , 2021
CATL, China Huadian join hands to develop energy storage, smart energy businesses
CATL, China Huadian join hands to develop energy storage, smart energy businesses

CATL recently announced a strategic partnership it forged with China Huadian Corporation Ltd. (China Huadian), one of the largest state-owned power generation enterprises in China.

Oct. 25 , 2021