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BYD, Santander Bank forge partnership in Brazilian automobile financing field
BYD, Santander Bank forge partnership in Brazilian automobile financing field

On Oct. 18 (local time), BYD's Brazil subsidiary formed a strategic partnership with Santander Bank ("Santander"), a leading Brazilian bank in automotive financing.

Oct. 19 , 2022
Car and City: Li Auto sees Li L9’s monthly registrations exceed 10,000 units in Sept.
Car and City: Li Auto sees Li L9’s monthly registrations exceed 10,000 units in Sept.

In Sept. 2022, Chinese NEV startup Li Auto recorded monthly registrations of 11,575 units, including 1,458 Li ONEs and 10,117 Li L9s, according to the data compiled by Gasgoo Auto Research Institute.

Oct. 19 , 2022
Ningbo Shanshan intends to issue new fundraising for battery anode materials project in Yunnan
Ningbo Shanshan intends to issue new fundraising for battery anode materials project in Yunnan

Chinese lithium battery materials supplier Ningbo Shanshan intends to raise 6 billion yuan ($830.921 million) through a non-public stock issuance to expand its production capacity of lithium ion battery anode materials.

Oct. 19 , 2022
BMW said to pour another ten billion yuan in battery center expansion in China
BMW said to pour another ten billion yuan in battery center expansion in China

The German auto giant, BMW, is planning to pour in another ten million yuan to expand its high-voltage battery manufacturing center in Shengyang, Liaoning Province, according to Global Times citing an insider of BMW China.

Oct. 19 , 2022
BYD Yuan PLUS goes on sale in Mongolian passenger vehicle market
BYD Yuan PLUS goes on sale in Mongolian passenger vehicle market

On Oct. 16, BYD officially put its Yuan PLUS all-electric SUV onto the passenger vehicle (PV) market of Mongolia, with the help of its local dealer partner, MSM Group.

Oct. 19 , 2022
China’s Hunan Province eyes 1.5 million units of annual automobile output by 2025
China’s Hunan Province eyes 1.5 million units of annual automobile output by 2025

China's Hunan province is ambitious to hit an annual automobile output of 1.5 million units by 2025, over 1 million units of which will be new energy vehicles.

Oct. 18 , 2022