- Xpeng Motors plows 10 mln yuan in founding new sales & service subsidiary
Chinese EV startup Xpeng Motors founded a sales & service subsidiary on May 26 which involves a registered capital of 10 million yuan ($1,401,090), according to the business data search platform Tiany...
June 01 , 2020
- NIO Inc. Reports Unaudited First Quarter 2020 Financial Results
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today announced its unaudited financial results for the quarter ended March 31, 202...
May 28 , 2020
- CATL to raise 19.7 billion yuan for battery capacity expansion projects
CATL, the global leading EV battery manufacturer, lowered the maximum amount of the capital it intends to raise from a non-public issuance of stocks to 19.7 billion yuan ($275,285,830) from 20 billion...
May 28 , 2020
- NIO’s sole shareholder changes to Hefei-based company
China’s top EV manufacturer NIO Inc. has got its shareholder changed to NIO (Anhui) Holding Co.,Ltd. from NIO NextEV Limited, according to Tianyancha.
May 28 , 2020
- Tesla enlarges China businesses with electricity generation, supply
Tesla (Shanghai) Co.,Ltd. has got its China businesses expanded with the operations of the generation, transmission and supply of electricity added on May 21, according to the National Enterprise Cred...
May 26 , 2020
- Evergrande breaks ground on Huzhou electric drive system base
Evergrande Group celebrated on May 22 the first spade cut of its electric drive system production base at Nantaihu New Area in Huzhou, Zhejiang Province, according to a local media report.
May 22 , 2020
- Huawei, TELD enter into partnership to bolster smart EV charging development
Huawei forged on May 20 a partnership with TELD, a Chinese leading charging pile operator, as both parties seek to jointly advance the construction of charging pile network and the smart charging busi...
May 21 , 2020
- Presale prices of BYD Han sedan starts at 230,000 yuan
The BYD Han, an all-new flagship sedan to BYD's “Dynasty” series, is currently available for presale with prices ranging from 230,000 yuan ($32,364) to 280,000 yuan ($39,400).
May 20 , 2020
