EV
BAIC BJEV makes headway in development of solid-state batteries
BAIC BJEV makes headway in development of solid-state batteries

BAIC BluePark New Energy Technology Co.,Ltd., the parent company of BAIC BJEV, has made some progress in the development of solid-state EV batteries and has tested the batteries in complete vehicles.

Dec. 25 , 2020
China’s Li Auto sees cumulative deliveries top 30,000 units
China’s Li Auto sees cumulative deliveries top 30,000 units

Li Auto announced on Dec. 18 it has so far delivered over 30,000 new vehicles only one year after the delivery kicking off. It is also the first startup in China that achieves the milestone.

Dec. 18 , 2020
China to-date has 89,000 existing charging piles companies
China to-date has 89,000 existing charging piles companies

As of December 14, 2020, the registrations of domestic existing companies engaging in charging pile business totaled 89,000, according to the corporate data platform Qichacha (Qcc.com).

Dec. 17 , 2020
Volkswagen inaugurates R&D hub in Hefei for China e-mobility offensive
Volkswagen inaugurates R&D hub in Hefei for China e-mobility offensive

On December 8, Volkswagen Group saw the inauguration of a new R&D center at its facilities in Hefei, indicating that Anhui province is to advance into a new center of competence and e-mobility hub for the German auto giant in China.

Dec. 9 , 2020
Startup XPeng intends to sell 40 mln ADSs to raise $1.942 billion
Startup XPeng intends to sell 40 mln ADSs to raise $1.942 billion

XPeng Inc. (XPeng or the Company), a leading Chinese electric vehicle (EV) startup, announced on Dec. 7 that it plans to offer and sell 40 million American Depositary Shares (ADSs) to the public, which represent 80 million Class A ordinary shares.

Dec. 8 , 2020
EV innovator HOZON Auto to close series C financing better than expected
EV innovator HOZON Auto to close series C financing better than expected

HOZON Auto, a Zhejiang-based EV startup, announced on Dec. 2 it is about to successfully close its series C financing, which has raised 2 billion yuan ($305.106 million) from the lead investor, HD Capital.

Dec. 3 , 2020