Chinese power battery giant CATL founded on Jan. 14 a new battery tech company in Fuding, Fujian province.
Jan. 18 , 2021
The premium auto brand “IM” (dubbed “Zhiji Motor” in Chinese) jointly developed by SAIC Motor, Alibaba and Shanghai’s Pudong New Area was formally launched on Jan. 13. Meanwhile, two concept models under “IM” were unveiled at the same time.
Jan. 13 , 2021
Chinese EV startup Xpeng Motors said it signed a deal with five banks for a credit line worth 12.8 billion yuan ($1.98 billion).
Jan. 12 , 2021
GAC NIO announced on Dec. 31 via its Weibo account it will accept digital currency for payment. However, the posting was cancelled then.
Dec. 31 , 2020
For the first eleven months, China’s NEPV insurance registrations jumped 16.28% from a year ago to 901,908 units.
Dec. 30 , 2020
Leapmotor announced the presale of the C11, its third production model, will begin on Jan. 1, 2021, coming with three trim levels. Guiding prices of the new model range from 159,800 yuan ($24,465) to 199,800 yuan ($30,590) after subsidies.
Dec. 29 , 2020