EV
BYD’s chairman says NEV market share in China to top 35% by 2022
BYD’s chairman says NEV market share in China to top 35% by 2022

The annual sales of new energy vehicles (NEVs) in China is expected to surpass 3.3 million units in 2021, and the NEV penetration rate is likely to top 35% by the end of 2022, said Wang Chuanfu, chairman and president of BYD Company Limited.

Nov. 22 , 2021
CATL, Xiamen University co-unveil new energy tech research institute
CATL, Xiamen University co-unveil new energy tech research institute

CATL and Xiamen University on Nov. 19 jointly inaugurated a research institute dedicated to the R&D of new energy-related technologies, according to CATL.

Nov. 22 , 2021
BYD switches to lithium-ion batteries for PHEV’s starter batteries
BYD switches to lithium-ion batteries for PHEV’s starter batteries

BYD has entirely replaced the lead-acid batteries with the lithium-ion ones for starter batteries of its plug-in hybrid electric vehicle (PHEV) models.

Nov. 17 , 2021
CATL shrinks amount of capital to be raised
CATL shrinks amount of capital to be raised

CATL announced on Monday it has changed the amount of the capital it wishes to fetch from specified investors to 45 billion yuan ($7.051 billion) from the previously expected 58.2 billion.

Nov. 16 , 2021
GWM’s premium brand ‘Shalong’ to unveil new all-electric sedan model at Auto Guangzhou 2021
GWM’s premium brand ‘Shalong’ to unveil new all-electric sedan model at Auto Guangzhou 2021

Great Wall Motor's premium brand dubbed “Shalong” in Chinese will unveil an all-electric sedan model at the forthcoming Auto Guangzhou 2021, the automaker announced on Monday.

Nov. 15 , 2021
XPeng to launch new SUV model at Auto Guangzhou 2021
XPeng to launch new SUV model at Auto Guangzhou 2021

On Nov. 12, XPeng posted on its WeChat account a teaser photo of an all-new model that will be unveiled at the upcoming Auto Guangzhou 2021.

Nov. 12 , 2021