EV
WM Motor nabs $152 million in D2 round financing
WM Motor nabs $152 million in D2 round financing

WM Motor announced on Dec. 1 it banked $152 million in a Series D2 round that was led by Chinese property developer Agile.

Dec. 1 , 2021
Chongqing, Chengdu celebrate launch of hydrogen corridor
Chongqing, Chengdu celebrate launch of hydrogen corridor

The city of Chongqing and Chengdu together celebrated on Nov. 30 the launch of the “Chengdu-Chongqing (or Chengyu) Hydrogen Corridor”, where a total of 400 hydrogen-fueled logistics vehicles will be newly deployed there over the next two years.

Dec. 1 , 2021
Car and City: October 2021 registrations of NIO models
Car and City: October 2021 registrations of NIO models

NIO dropped to the No.4 on the list of Chinese NEV startups by Oct. registrations.

Nov. 30 , 2021
What efforts Gotion High-Tech makes in 2021 to hit 300GWh battery capacity goal
What efforts Gotion High-Tech makes in 2021 to hit 300GWh battery capacity goal

As one of the main players in the China’s power battery domain, Gotion High-Tech hit an annual capacity of 28GWh by the end of 2020 and is ambitious to increase the volume to 300GWh by 2025.

Nov. 29 , 2021
Car and City: October 2021 registrations of Li ONE
Car and City: October 2021 registrations of Li ONE

In October, Li Auto was credited the runner-up among Chinese NEV startups with its car insurance registrations amounting to 7,716 units, according to the China Banking and Insurance Regulatory Commission (CBIRC).

Nov. 29 , 2021
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