EV
Geely said to locate new smart EV venture in Hefei
Geely said to locate new smart EV venture in Hefei

Geely Auto’s all-new smart electric vehicle (EV) company is expected to be located in Hefei, capital of Anhui Province, according to a local media, citing people with direct knowledge.

Feb. 25 , 2021
Shanghai eyes over 1.2 million-unit NEV annual outputs by 2025
Shanghai eyes over 1.2 million-unit NEV annual outputs by 2025

Shanghai aims to increase its annual outputs of new energy vehicles (NEVs) to over 1.2 million units with a production value exceeding 350 billion yuan ($54.218 billion) per year by 2025.

Feb. 25 , 2021
Hainan province to promote 25,000 NEVs in 2021
Hainan province to promote 25,000 NEVs in 2021

China’s Hainan province aims to deploy 25,000 new energy vehicles (NEVs) this year, as part of an action plan Hainan provincial government set for the year of 2021.

Feb. 24 , 2021
China’s SVOLT to build battery manufacturing base in Huzhou, Zhejiang
China’s SVOLT to build battery manufacturing base in Huzhou, Zhejiang

SVOLT, a Chinese EV battery manufacturer carved out of Great Wall Motor, signed an agreement on Feb. 19 with the government of Huzhou, Zhejiang province to establish a power battery base in South Taihu New Area.

Feb. 20 , 2021
WM Motor gets 11.5 billion yuan credit line
WM Motor gets 11.5 billion yuan credit line

Chinese EV startup WM Motor said on Feb. 9 it formed strategic partnerships with a number of banks and financial institutes for a line of credit worth 11.5 billion yuan ($1.783 billion).

Feb. 9 , 2021
Xpeng Motors exports second batch of G3s to Norway
Xpeng Motors exports second batch of G3s to Norway

Xpeng Motors said its second batch of Xpeng G3 SUVs to be sold in Norway has departed from Guangzhou. This came after the successful customer delivery of its first batch of G3s for the Norwegian market in December 2020.

Feb. 5 , 2021