EV
CATL boasts over 130% YoY surge in both Q3 revenues, net profit
CATL boasts over 130% YoY surge in both Q3 revenues, net profit

CATL announced on Wednesday it earned 29.287 billion yuan ($4.578 billion) of revenues for the third quarter of 2021 (the reporting period), representing a 130.74% year-on-year hike.

Oct. 28 , 2021
XPeng P7’s Norwegian version starts at NOK 447,820
XPeng P7’s Norwegian version starts at NOK 447,820

XPeng Inc. announced on Oct. 27 it has launched its flagship all-electric sedan XPeng P7 in the Norwegian market. Pre-order of the model began in Norway in early July.

Oct. 28 , 2021
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
China to vigorously popularize NEVs for peaking carbon emissions as scheduled
China to vigorously popularize NEVs for peaking carbon emissions as scheduled

China resolves to vigorously promote the use of new energy vehicles, as part of the efforts to for peaking carbon dioxide emissions before 2030, according to an action plan issued by the State Council on Oct. 26.

Oct. 26 , 2021
Toyota’s two joint ventures in China to sell CV-dedicated fuel cell system
Toyota’s two joint ventures in China to sell CV-dedicated fuel cell system

United Fuel Cell System R&D (Beijing) Co., Ltd. (FCRD) and Toyota SinoHytec Fuel Cell Co.,Ltd. (FCTS), two Beijing-based joint ventures of Toyota Motor Corporation, are about to sell the “TL Power 100” fuel cell system.

Oct. 26 , 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