EV
WM Motor begins ‘SUV & sedan’ strategy with launch of M7 sedan
WM Motor begins ‘SUV & sedan’ strategy with launch of M7 sedan

WM Motor launched its first sedan model, the M7, on Oct. 22, indicating that the Chinese EV startup formally began its two-pronged product deployment integrating both SUVs and cars.

Oct. 25 , 2021
CATL, China Huadian join hands to develop energy storage, smart energy businesses
CATL, China Huadian join hands to develop energy storage, smart energy businesses

CATL recently announced a strategic partnership it forged with China Huadian Corporation Ltd. (China Huadian), one of the largest state-owned power generation enterprises in China.

Oct. 25 , 2021
GWM-backed SVOLT launches 182.6GWh battery capacity expansion plans so far this year
GWM-backed SVOLT launches 182.6GWh battery capacity expansion plans so far this year

According to the data announced by SVOLT and complied by Gasgoo, the battery manufacturer released battery capacity plans amounting to 182.6GWh during the first ten months of 2021.

Oct. 24 , 2021
XPeng’s first sedan model P5 rolls off assembly line, scale delivery to start in late Oct.
XPeng’s first sedan model P5 rolls off assembly line, scale delivery to start in late Oct.

The XPeng P5, the third mass-produced model and first sedan model of XPeng Inc., rolled off the production line at XPeng’s car plant in Zhaoqing on Oct. 20, the startup announced via its twitter-like Weibo account.

Oct. 20 , 2021
NIO to introduce distributed photovoltaic power plants for battery swap stations
NIO to introduce distributed photovoltaic power plants for battery swap stations

On Oct. 19, NIO formed a strategic partnership with Unisun Energy, a Chinese leading clean energy solutions provider, to turn its battery swapping stations into distributed photovoltaic power plants.

Oct. 20 , 2021
XPeng's flying car firm banks $500 mln in Series A funding
XPeng's flying car firm banks $500 mln in Series A funding

Shanghai (Gasgoo)- XPeng Huitian, the electric flying car company owned by XPeng Motors, announced on Oct. 19 it nabbed over $500 million in the Series A funding round, which will value it at more than $1 billion.

Oct. 19 , 2021