EV
Toyota-backed auto battery maker PPES raising production capacity in China’s Dalian
Toyota-backed auto battery maker PPES raising production capacity in China’s Dalian

Prime Planet Energy & Solutions (PPES), a battery joint venture between Toyota Motor Corporation (Toyota) and Panasonic Corporation, is ready to ramp up its production capacity of automotive batteries in China.

Feb. 16 , 2022
NIO to launch fire new SUV model ES7 in April
NIO to launch fire new SUV model ES7 in April

Chinese startup NIO plans to launch an all-new model, named ES7, in mid-April 2022, Qin Lihong, Co-founder and President of NIO, revealed on Feb. 15.

Feb. 15 , 2022
Audi-FAW joint venture greenlighted to build NEV plant with 150,000-unit annual capacity
Audi-FAW joint venture greenlighted to build NEV plant with 150,000-unit annual capacity

Audi FAW New Enery Vehicle Co.,Ltd., a joint venture between FAW Group and Audi, plans to break ground on its NEV plant in Changchun city, Jilin province in April 2022.

Feb. 15 , 2022
XPeng’s HK shares included in Shenzhen-HK Stock Connect programs
XPeng’s HK shares included in Shenzhen-HK Stock Connect programs

Ordinary shares of XPeng Inc. (“XPeng”), which trade on the Stock Exchange of Hong Kong (“HKEX”), have been included in the Shenzhen-Hong Kong Stock Connect programs, according to the announcement issued by the Shenzhen Stock Exchange on Feb. 9.

Feb. 9 , 2022
SKYWORTH Auto to hit 30,000 vehicles of annual sales target in 2022
SKYWORTH Auto to hit 30,000 vehicles of annual sales target in 2022

Chinese vehicle startup SKYWORTH Auto announced on Feb. 8 it aims to sell 30,000 new vehicles and gain annual sales of over 4.5 billion yuan ($707.013 million) in 2022, with its presence to be strengthened in both domestic and overseas markets.

Feb. 9 , 2022
Tesla China launches another hiring spree for over 1,500 jobs
Tesla China launches another hiring spree for over 1,500 jobs

Tesla is on a new hiring spree in China as the EV manufacturer is to further boost its sales performance in the world’s largest auto market.

Feb. 8 , 2022