Articles Tagged with "EV"

DiDi Enters Strategic Partnership with China’s State Grid EV Service
DiDi Enters Strategic Partnership with China’s State Grid EV Service

Didi Chuxing, the world’s leading multi-modal transportation platform, today finalized a strategic partnership agreement with State Grid EV Service, an affiliate of State Grid Corporation of China (“State Grid”).

May 16 , 2019
EV startup Sitech closes Series B funding round, almost reaches unicorn status
EV startup Sitech closes Series B funding round, almost reaches unicorn status

Sitech on May 16 announced the completion of a Series B funding round, which is led by an industrial investment fund of Changshou District in Chongqing. Up until now, the startup is valued at over RMB10 billion, almost reaching a unicorn status.

May 16 , 2019
CATL signs EV battery deal with Volvo Cars
CATL signs EV battery deal with Volvo Cars

China’s power battery maker Contemporary Amperex Technology Limited (CATL) has signed a cooperation agreement with Volvo Cars to supply electric car batteries for the latter’s next-generation EVs and Polestar cars, CATL announced on May 15.

May 15 , 2019
Mazda’s China retail sales in April slump 31.2% from the previous year
Mazda’s China retail sales in April slump 31.2% from the previous year

Mazda faced a substantial year-on-year drop of 31.2% in April retail sales for its Chinese market. Last month, it delivered 16,919 vehicles in this country, the Japanese automaker announced on May 7.

May 8 , 2019
EV startup Byton to complete C financing round around midyear 2019
EV startup Byton to complete C financing round around midyear 2019

EV startup Byton the startup disclosed that its ongoing Series C financing round is expected to be completed around midyear of 2019.

May 8 , 2019
GAC Toyota to increase capacity by 400,000 NEVs per year with RMB11.329 billion investment
GAC Toyota to increase capacity by 400,000 NEVs per year with RMB11.329 billion investment

GAC Toyota, one of Toyota’s major joint ventures in China, is ready to plow RMB 11.329 billion (around $1.644 billion) into a program for new energy vehicle (NEV) capacity expansion, according to an announcement released on May 6 by GAC Group.

May 7 , 2019