Articles Tagged with "Battery"

NIO, Hefei government plan to co-build 40 battery swapping stations in 2020, 2021
NIO, Hefei government plan to co-build 40 battery swapping stations in 2020, 2021

NIO and the government of Hefei in the eastern Anhui province, the startup’s major new backer, attempt to jointly build a total of 40 battery swapping stations in 2020 and 2021, according to a local media report.

Sep. 8 , 2020
Xpeng Motors pilots battery leasing service to lower EV-buying threshold
Xpeng Motors pilots battery leasing service to lower EV-buying threshold

Chinese EV startup Xpeng Motor launched on September 1 its battery leasing service, which allows consumers to spread the battery pack cost in 84 monthly installments within 7 years.

Sep. 2 , 2020
China’s NEV industry opening wider arms to battery swapping model
China’s NEV industry opening wider arms to battery swapping model

On August 20, Chinese EV startup NIO launched the Battery as a Service (the “BaaS”) subscription model, which allows users to purchase electric vehicles and subscribe the usage of battery packs separately.

Aug. 26 , 2020
CATL, Geely’s joint venture to build power battery facility in Yibin, Sichuan province
CATL, Geely’s joint venture to build power battery facility in Yibin, Sichuan province

CATL-Geely Power Battery Co.,Ltd., a joint venture between CATL and Zhejiang Jirun Automobile Company Limited, attempts to invest not more than 8 billion yuan ($1,148,484,800) in constructing a power battery facility at Yibin, Sichuan.

Aug. 12 , 2020
BAIC Group, State Grid EV step up cooperation in battery swapping, charging businesses
BAIC Group, State Grid EV step up cooperation in battery swapping, charging businesses

BAIC Group and State Grid Electric Vehicle Service Co., Ltd. (called “State Grid EV” for short) signed a framework agreement on July 27 to cement their strategic cooperation in order to promote the development of NEV industry.

Jul. 28 , 2020
NIO said to build battery asset management company to boost separation of battery, vehicle
NIO said to build battery asset management company to boost separation of battery, vehicle

Chinese EV startup plans to set up a subsidiary focusing on managing its battery assets and correspondingly launch BaaS (Battery as a Service) products, people with knowledge of the plan said.

Jul. 23 , 2020