EV
CATL accounts for 50.8% of China's Jan.-Sept. power battery installed capacity
CATL accounts for 50.8% of China's Jan.-Sept. power battery installed capacity

In September, China’s power battery outputs reached 23.2GWh, surging 168.9% year on year, while also growing 18.9% month on month, according to China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Oct. 13 , 2021
CATL’s subsidiary to build battery cathode material production base in Yichang
CATL’s subsidiary to build battery cathode material production base in Yichang

Guangdong Brunp Recycling Technology Co., Ltd. (Brunp Recycling), whose majority shareholder is CATL, plans to build a new energy vehicle (NEV)-related power battery cathode material industrial park in Yichang, central China’s Hubei Province, accordi

Oct. 13 , 2021
Xiaomi-backed industrial funds become investors of Ganfeng LiEnergy
Xiaomi-backed industrial funds become investors of Ganfeng LiEnergy

Ganfeng LiEnergy, a Chinese lithium power battery manufacturer, recently introduced many new investors, two of which are industry funds backed by Chinese smartphone giant Xiaomi, according to Qichacha.

Oct. 13 , 2021
Evergrande Shanghai  NEV research unit records surge in registered capital
Evergrande Shanghai NEV research unit records surge in registered capital

Evergrande Hengchi New Energy Vehicle Research Institute (Shanghai) Co.,Ltd. saw its registered capital surge 900% to 1 billion yuan.

Oct. 9 , 2021
Second model of GAC, NIO-backed HYCAN to go on sale in mid-October
Second model of GAC, NIO-backed HYCAN to go on sale in mid-October

HYCAN, a Chinese EV innovator backed by GAC Group and NIO, will formally put the HYCAN Z03, its second mass-produced model, onto the market on October 18, according to an official press release.

Oct. 9 , 2021
China’s EV startup WM Motor expects to raise US$500 million
China’s EV startup WM Motor expects to raise US$500 million

In September, monthly sales of WM Motor surged 115.8% year on year to 5,005 vehicles.

Oct. 9 , 2021