EV
EVE Energy aims to raise 9 billion yuan to expand production capacity
EVE Energy aims to raise 9 billion yuan to expand production capacity

Huizhou EVE Energy Co., Ltd. (“EVE Energy”), a Chinese power battery maker based in Huizhou city, announced on June 7 that its board of directors has approved a proposal to issue A shares to specific objects, aiming to raise 9 billion yuan.

Jun. 8 , 2022
Lifan Technology scores 8,704.67% YoY hike in Jan.-May NEV sales
Lifan Technology scores 8,704.67% YoY hike in Jan.-May NEV sales

Chinese automaker Lifan Technology (Group) Co.,Ltd. (“Lifan Technology”) announced this week that it sold 4,030 vehicles in May 2022, 2,419 units of which were new energy vehicles (NEVs).

Jun. 8 , 2022
BYD to supply Tesla with batteries
BYD to supply Tesla with batteries

BYD will supply batteries to Tesla, Lian Yubo, executive vice president of BYD, recently confirmed the information when he received an interview with CGTN anchor Kui Yingchun.

Jun. 8 , 2022
China’s TRUCK RENTAL bags nearly 100 million yuan in Series B funding
China’s TRUCK RENTAL bags nearly 100 million yuan in Series B funding

TRUCK RENTAL, a Chinese logistics vehicle asset operation service provider, recently closed its Series B financing round with nearly 100 million yuan ($14.962 million) raised, a local media outlet reported today.

Jun. 2 , 2022
GAC AION achieves all-time high monthly deliveries in May 2022
GAC AION achieves all-time high monthly deliveries in May 2022

GAC AION, the EV-dedicated arm of GAC Group, delivered 21,056 vehicles in May 2022, representing a 150% surge compared to the previous year, the automaker announced on Wednesday.

Jun. 2 , 2022
Li Auto, XPeng, NIO all have delivery growth in May
Li Auto, XPeng, NIO all have delivery growth in May

NIO, XPeng, Li Auto, Hozon and Leapmotor released their deliveries in May and showed resilient results in spite of various industry-wide challenges.

Jun. 1 , 2022