Articles Tagged with "EV"

Faraday Future to furlough additional employees due to severe cash flow difficulty
Faraday Future to furlough additional employees due to severe cash flow difficulty

EV startup Faraday Future (FF) announced on December 4 that it plans to furlough more employees due to its severe cash flow issues caused by the ongoing spat with its major investor Evergrande Health.

Dec. 5 , 2018
Two new Buick NEV models to be made in China with total annual capacity of 88,000 units
Two new Buick NEV models to be made in China with total annual capacity of 88,000 units

Buick is going to have two NEV models code-named K226 and K228 locally produced in China with a total annual capacity of 88,000 units, according to local media. Meanwhile, the annual capacity of the Buick Excelle will be decreased by 88,000 units.

Dec. 4 , 2018
Evergrande Health says FF’s application be rejected again, while FF replies “not entirely true”
Evergrande Health says FF’s application be rejected again, while FF replies “not entirely true”

Evergrande Health announced on November 29 that the emergency arbitrator of the HKIAC has rejected the application submitted by Smart King to deprive Season Smart Limited of the right to mortgage Smart King's assets

Nov. 30 , 2018
SAIC Motor, Chongming District to jointly promote NEVs on Chongming Island
SAIC Motor, Chongming District to jointly promote NEVs on Chongming Island

SAIC Motor signed a strategic cooperation framework agreement with government of Shanghai Chongming District on November 22 to jointly build a green, ecological transportation system and a world-class ecological island.

Nov. 23 , 2018
XPENG Motors forges strategic partnership with NVIDIA for Level 3 autonomous driving
XPENG Motors forges strategic partnership with NVIDIA for Level 3 autonomous driving

On November 21, XPENG Motors signed a tripartite strategic cooperation agreement with NVIDIA, a leading company in AI computing hardware domain, and Desay SV Automotive to jointly develop Level 3 autonomous driving technology.

Nov. 22 , 2018
Baoneng Group plows RMB3 billion to deepen EV power battery deployment
Baoneng Group plows RMB3 billion to deepen EV power battery deployment

A company dubbed Shenzhen Hongpeng New Energy Technology Co.,Ltd was registered on November 19 with a registered capital of RMB3 billion. It is noteworthy that the amounts of capital subscribed by Baoneng Group reach RMB2.97 billion.

Nov. 20 , 2018