EV
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
NIO, State Grid’s subsidiary to co-build 100 battery swapping stations in 2021
NIO, State Grid’s subsidiary to co-build 100 battery swapping stations in 2021

NIO and State Grid Electric Vehicle Service Co., Ltd. signed on Dec. 14 a framework agreement for an in-depth cooperation on electric vehicle (EV) charging, battery swapping and energy services.

Dec. 14 , 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
NIO, Li Auto report record-high monthly deliveries
NIO, Li Auto report record-high monthly deliveries

In November, best-ever monthly deliveries were achieved by Li Auto and Nio, while Xpeng Motors set up a new monthly record for this year.

Dec. 3 , 2020