EV
Xpeng Motors plows 10 mln yuan in founding new sales & service subsidiary
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 Tianyancha.

Jun. 1 , 2020
NIO Inc. Reports Unaudited First Quarter 2020 Financial Results
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, 2020.

May 28 , 2020
CATL to raise 19.7 billion yuan for battery capacity expansion projects
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 yuan ($27,947,800).

May 28 , 2020
Huawei, TELD enter into partnership to bolster smart EV charging development
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 business.

May 21 , 2020
Presale prices of BYD Han sedan starts at 230,000 yuan
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
Xpeng Motors given green light to produce EVs by itself
Xpeng Motors given green light to produce EVs by itself

Xpeng Motors has been approved by the government to produce vehicles at its self-built manufacturing plant in Zhaoqing, Guangdong province.

May 19 , 2020