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BBA officially opened High-Voltage Battery Centre in Shenyang, doubling local battery production capacity
BBA officially opened High-Voltage Battery Centre in Shenyang, doubling local battery production capacity

With the new center, the German automaker is expected to double its battery production capacity in China.

Sep. 14 , 2020
China’s locally-produced new energy PV wholesales soar 43.7% YoY in Aug.
China’s locally-produced new energy PV wholesales soar 43.7% YoY in Aug.

In August, China’s wholesale volume of locally-produced new energy passenger vehicles (NEPVs) exceeded 100,000 units, surging 43.7% year on year and jumping 23.9% month on month, according to the China Passenger Car Association (CPCA).

Sep. 14 , 2020
China’s CATL announces $1.5 billion overseas bond issuance
China’s CATL announces $1.5 billion overseas bond issuance

Chinese battery giant announced on Sept. 12 a successful issuance of $1.5 billion in senior dual-tranche fixed rate bonds in overseas market, which is regarded as part of efforts to improve its global deployment.

Sep. 14 , 2020
August 2020 update: retail sales of four Japanese automakers in China
August 2020 update: retail sales of four Japanese automakers in China

For the month of August, both Toyota and Honda sustained double-digit growth in their China deliveries. Nissan and Mazda failed to gained increase, while only faced year-on-year decrease below 3%.

Sep. 11 , 2020
Startup Byton registers new company dubbed “Shengteng” after suspending China operations
Startup Byton registers new company dubbed “Shengteng” after suspending China operations

Stalled Chinese electric vehicle startup Byton registered on September 9 a new firm dubbed “Nanjing Shengteng Automobile Technology Co.,Ltd.” (called “Shengteng” for short), according to Chinese database query platform Tianyancha.

Sep. 11 , 2020
GAC-backed tech company registered to sell graphene materials
GAC-backed tech company registered to sell graphene materials

With GAC Group serving as the incubator, the company dubbed “Guangzhou Juwan”, whose one of major businesses is selling graphene materials, was officially registered on September 7, according to September 7.

Sep. 10 , 2020