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GWM-backed power battery maker SVOLT launches R&D center in Shanghai
GWM-backed power battery maker SVOLT launches R&D center in Shanghai

SVOLT, a GWM (Great Wall Motor)-linked Chinese power battery maker, announced on Jan. 6 the launch of its Shanghai-based R&D center.

Jan. 7 , 2022
CATL announces 130 bln yuan plus investment for battery capacity expansion within one year
CATL announces 130 bln yuan plus investment for battery capacity expansion within one year

Over the past one year, CATL released 11 announcements about its battery capacity expansion plans, involving no more than 131 billion yuan.

Jan. 7 , 2022
Geely Auto fulfills 87% of 2021’s sales target, eyeing 1.65 million vehicles for 2022’s sales
Geely Auto fulfills 87% of 2021’s sales target, eyeing 1.65 million vehicles for 2022’s sales

The sales of Geely Auto and its subsidiaries amounted to 1,328,029 units in 2021, edging up 1% from the previous year and achieving 87% of the Group's yearly sales target of 1.53 million units.

Jan. 7 , 2022
Baidu’s JiDU to showcase first L4 NVIDIA powered model at Beijing Auto Show
Baidu’s JiDU to showcase first L4 NVIDIA powered model at Beijing Auto Show

China’s tech giant Baidu and automaker Geely’s JiDU Auto’s first production vehicle model, to be unveiled in April, will be powered by the NVIDIA DRIVE Orin SoC, with L4 autonomous driving capability.

Jan. 6 , 2022
Former NIO executive joins China’s EV startup Aiways as CEO
Former NIO executive joins China’s EV startup Aiways as CEO

China's EV startup, Aiways, has completed its latest investment round worth hundreds of millions of dollars. The investor has then orchestrated a personnel change inside the company hierarchy.

Jan. 6 , 2022
Honda Motor sees China retail sales dip 4% YoY in 2021
Honda Motor sees China retail sales dip 4% YoY in 2021

Honda Motor Company (called “Honda” for short) said on Thursday its full-year China auto retail sales in 2021 amounted to 1,561,540 units, sliding 4% from the year-ago period due to the impact of component supply constraint.

Jan. 6 , 2022