- NIO’s 3rd production model EC6 hits market with price starting at 368,000 yuan before subsidy
EV innovator NIO’s third mass-produced model, the NIO EC6, went on sale at the Chengdu Motor Show 2020 with three variants offered at one go. The vehicle is sold at the pre-subsidy prices ranging fr...
July 24 , 2020
- NIO said to build battery asset management company to boost separation of battery, vehicle
Chinese EV startup plans to set up a subsidiary focusing on managing its battery assets and correspondingly launch BaaS (Battery as a Service) products, people with knowledge of the plan said.
July 23 , 2020
- BMW intends to have EVE Power as second local battery supplier for China market
On July 21, EVE Energy announced that its subsidiary EVE Power Co.,Ltd. has received a statement of intent to cooperate which said BMW Brilliance Automotive Ltd. is interested in partnering with EVE P...
July 22 , 2020
- Chinese EV innovator HOZON Auto to be listed on STAR Market in 2021
HOZON Auto, a Chinese EV startup operates a brand that is homonymous with the teen hero of Chinese mythology “Nezha”, has initiated its Series C funding round, and plans to go public on China's Na...
July 21 , 2020
- Xpeng Motors announces US$500mn Series C+ financing with Aspex, Coatue, Hillhouse, Sequoia Capital China as investors
Xpeng Motors announced on July 20 the signing of its Series C+ financing of around US$500 million with a group of investors including Aspex, Coatue, Hillhouse and Sequoia Capital China.
July 20 , 2020
- SAIC Motor, China Baowu to team up on hydrogen application, smart supply chain
SAIC Motor signed on July 15 a framework agreement with China Baowu Group to carry out all-round cooperation on such areas as hydrogen utilization, integrated materials for automobiles, smart supply a...
July 16 , 2020
- China’s Evergrande sets up two NEV subsidiaries in early July
Real estate conglomerate China Evergrande Group established on July 10 a Guangdong-based subsidiary whose one of major businesses is the R&D of NEV-related technologies, according to the enterprise in...
July 15 , 2020
- Tesla said to step up cooperation with Chongqing Liangjiang New Area in sales, after-sale services
Tesla attempts to deepen the collaboration with the local government of Chongqing Liangjiang New Area in building sales and maintenance centers, according to people with direct knowledge of the plans ...
July 14 , 2020
