EV
Geely Technology to build 12GWh power battery base in Chongqing
Geely Technology to build 12GWh power battery base in Chongqing

Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group (Geely Holding), plans to build a 12GWh power battery manufacturing plant in Fuling district, Chongqing city.

Nov. 29 , 2021
Tesla China’s Oct. registrations slump MoM, but still top Chinese NEV startups
Tesla China’s Oct. registrations slump MoM, but still top Chinese NEV startups

Tesla still outperformed its Chinese startup rivals with 13,835 China-made vehicles registered last month, while it posted a 73.4% slump compared to the previous month.

Nov. 28 , 2021
Xiaomi, Huawei said to invest in NIO’s solid-state battery supplier Welion
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 Xiaomi and Huawei.

Nov. 26 , 2021
NIO, Shell to team up on construction, operation of battery swap stations
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 industries globally.

Nov. 25 , 2021
Manufacturing facility installation begins at NIO’s second production plant
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 announced.

Nov. 25 , 2021
Evergrande Auto’s investment firm sees registered capital increase
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 $3.5 billion from $2.515 billion.

Nov. 25 , 2021