Tesla has received governmental approval to locally build in China the Model 3 vehicles powered by lithium iron phosphate (LFP) batteries, a catalogue issued by China’s Ministry of Industry and Information Technology (MIIT) showed.
Jun. 12 , 2020
Automakers in China sold roughly 70,200 locally-produced new energy PVs (NEPVs) in May, posting a year-on-year decline of 25.8%, while gaining a 19.5% growth compared to a month ago, according to the China Passenger Car Association (CPCA).
Jun. 9 , 2020
Geely, the most high-profile privately owned automaker in China, is likely to tap the battery swapping field, which has been long touted by the EV startup NIO.
Jun. 8 , 2020
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. (“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, 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