BYD presents Dolphin model at digital entertainment show ChinaJoy
BYD recently showcased the Dolphin model at ChinaJoy, a digital entertainment exhibition in Shanghai. The car will be based on BYD's latest e-Platform 3.0 and will feature BYD's latest "marine aesthetic" design concept for the first time.
EV battery maker Svolt closes new round of $1.59 billion financing
Chinese power battery maker Svolt Energy recently announced the completion of a Series B financing round totaling RMB 10.28 billion ($1.59 billion).
Flood-hit Zhengzhou encourages damaged car owners to buy NEVs with subsidies
The city of Zhengzhou in central China, which was recently hit by heavy rains and floods, has introduced a policy to encourage the purchase of new energy vehicles (NEVs).
Analysts say CATL's sodium-ion batteries to be used primarily in energy storage and two-wheelers
Chinese power battery giant CATL unveiled its first-generation sodium-ion battery Thursday, marking the start of a new round of innovation in the industry. In the view of analysts, the battery cells will be used mainly in energy storage and two-wheeled vehicles.
One of China's highest-level meetings calls for support to speed up development of NEVs
The Political Bureau of the Communist Party of China Central Committee said at a meeting on Friday that the country should tap the potential of the domestic market and support the accelerated development of new energy vehicles, according to Xinhua.
China's new power pricing mechanism expected to give energy storage industry boost
"The economic modeling of investments in energy storage projects is expected to be validated, and demand for customer-side energy storage is expected to grow at a high rate."
Nio's OEM JAC denies reports that it may produce EVs for Xiaomi
How smartphone giant Xiaomi will produce its cars has been the focus of attention recently. JAC Motors, Nio's OEM, has denied reports that it could potentially be OEM for Xiaomi's car business.
Former head of Great Wall Motor's premium EV brand reportedly leaves to start new venture
Li Peng, formerly head of Great Wall Motor's premium EV brand Saloon, left earlier this year to found U Power, a smart electric vehicle brand, caijing.com.cn reported Wednesday.
Former Lynk & Co quality chief reportedly joins Jidu
Xu Hua, formerly general manager of Lynk & Co's quality center, has joined Baidu's carmaking arm Jidu Auto, responsible for quality and supply chain operations, caijing.com.cn reported Wednesday.
Xpeng reportedly may build fourth plant in Chengdu
Xpeng Motors Chairman and CEO He Xiaopeng discussed the location of the company's research and development center and fourth factory with local officials in Chengdu in western China's Sichuan province on July 27.