- Xiaomi, Huawei said to invest in NIO’s solid-state battery supplier Welion
Beijing Welion New Energy Technology Co.,Ltd. (Welion), who supplies solid-state batteries to companies including NIO, will nab around 500 million yuan ($78.261 million) from strategic investors like ...
Nov. 26 , 2021
- Tesla begins deliveries of made-in-China Model Y Performance version
Tesla has started delivering the China-made Model Y Performance version, the automaker announced on Nov.25 via its Weibo account.
Nov. 26 , 2021
- Tesla to upgrade Giga Shanghai’s manufacturing lines for higher capacity
Tesla plans to invest 1.2 billion yuan ($187.826 million) in revamping the assembly lines of its Shanghai Gigafactory’s first phase.
Nov. 26 , 2021
- SAIC Motor’s fuel cell tech arm SHPT to go public on STAR Market
SAIC Motor announced on Nov.25 its plan to spin off its fuel cell tech development unit, Shanghai Hydrogen Propulsion Technology Co., Ltd. (SHPT), and make the arm go public on the Science and Technol...
Nov. 25 , 2021
- NIO, Shell to team up on construction, operation of battery swap stations
NIO announced on Nov. 25 it has entered into a strategic cooperation agreement with Shell, a global energy and petrochemical group, to boost the cooperation in the electric vehicle (EV) and energy ind...
Nov. 25 , 2021
- Manufacturing facility installation begins at NIO’s second production plant
On Nov. 24, installation of the first batch of manufacturing facilities commenced at the Hefei-based NeoPark’s first plant, which is also the second production base of NIO, the Chinese EV startup an...
Nov. 25 , 2021
- Evergrande Auto’s investment firm sees registered capital increase
The registered capital of Evergrande New Energy Vehicle Investment Holdings Group Co., Ltd. (called “the company” for short), an investment firm affiliated with Evergrande Auto, has increased to $...
Nov. 25 , 2021
- Zhejiang to build about 50 hydrogen refueling stations by 2025
Zhejiang province is ambitious to deploy around 5,000 fuel cell vehicles (FCVs) in such fields as bus transportation, ports, and inter-city logistics service, and build about 50 hydrogen-refueling sta...
Nov. 24 , 2021
