- BAIC BluePark forecasts annual net loss of up to 5.3 billion yuan in 2021
BAIC BluePark New Energy Technology Co.,Ltd. (called “BAIC BluePark” for short), the parent of Chinese NEV maker BAIC BJEV, claimed on Jan. 29 it is likely to record a net loss of 4.8 billion yuan...
Jan. 29 , 2022
- Farasis Energy’s 2021 net loss forecasted to widen to 1.1 billion yuan
Farasis Energy (GanZhou) Co., Ltd. forecasted on Jan. 29 a net loss of 800 million yuan ($125.76 million) to 1.1 billion yuan ($173 million) attributable to shareholders for the year of 2021.
Jan. 29 , 2022
- XPeng, Li Auto surpass NIO by 2021 registrations
The top 6 China’s indigenous NEV startups all recorded highest-ever monthly registrations in Dec. 2021.
Jan. 28 , 2022
- Car and City: December 2021 registrations of NIO models
NIO failed to maintain the championship among Chinese NEV startups in terms of year-to-date registrations, only ranking third with 90,866 vehicles registered through 2021.
Jan. 28 , 2022
- CATL expects 2021’s net profit to soar up to 195.52% YoY
CATL said on Jan. 27 its full-year net profit attributable to shareholders in 2021 is forecasted to reach 14 billion yuan ($2.206 billion) to 16.5 billion yuan ($2.6 billion), surging 150.75% to 195.5...
Jan. 27 , 2022
- CATL, Yongxing Materials to build joint venture for lithium carbonate smelting
CATL is about to build a joint venture with Yongxing Special Materials Technology Co.,Ltd., a Chinese steel products producer for the investment in a lithium carbonate manufacturing project.
Jan. 27 , 2022
- BYD to build industrial park in Hubei’s Xiangyang for power battery, NEV parts production
BYD signed a framework agreement earlier this week with the municipal government of Xiangyang city, Hubei province to promote the construction of an industrial park that works on production of power b...
Jan. 27 , 2022
- Sokon Group initiates private placement to develop EV models
Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon Group), the holding company of the auto brand, SERES, is planning to raise RMB7.13 billion ($1.125 billion) through private placement.
Jan. 27 , 2022
