EV
Xiaomi-backed industrial funds become investors of Ganfeng LiEnergy
Xiaomi-backed industrial funds become investors of Ganfeng LiEnergy

Ganfeng LiEnergy, a Chinese lithium power battery manufacturer, recently introduced many new investors, two of which are industry funds backed by Chinese smartphone giant Xiaomi, according to Qichacha.

Oct. 13 , 2021
Tesla sells 56,006 China-made vehicles in September, local sales surging
Tesla sells 56,006 China-made vehicles in September, local sales surging

Among those Shanghai-made Tesla vehicles sold last month, 3,853 vehicles were exported from China to foreign markets, slumping 87.7% from a month ago, while local sales in China surged 304.8% to 52,153 month on month.

Oct. 12 , 2021
Evergrande Auto’s first mass-produced model to roll off assembly line in early 2022
Evergrande Auto’s first mass-produced model to roll off assembly line in early 2022

Evergrande Auto, the NEV firm of Chinese property giant China Evergrande Group, will put forth its utmost efforts to make sure the first production model rolls off the assembly line at the Tianjin factory in early 2022.

Oct. 12 , 2021
China’s EV startup WM Motor expects to raise US$500 million
China’s EV startup WM Motor expects to raise US$500 million

In September, monthly sales of WM Motor surged 115.8% year on year to 5,005 vehicles.

Oct. 9 , 2021
NIO has 517 battery swap stations in China by end of Sept. 2021
NIO has 517 battery swap stations in China by end of Sept. 2021

NIO put 90 new battery swap stations into operation across China last month, the Chinese EV startup announced on Friday.

Oct. 8 , 2021
Li Auto delivers 7,094 vehicles in September, down 24.8% MoM
Li Auto delivers 7,094 vehicles in September, down 24.8% MoM

In terms of quarterly deliveries, Li Auto outnumbered NIO (24,439 vehicles), but failed to exceed XPeng (25,666 vehicles).

Oct. 1 , 2021