Industry News
GAC Aion's battery base starts construction with goal of meeting demand for 600,000 EVs per year
The production base is expected to complete its first production line with a capacity of 6 GWh by March 2024 and all 36 GWh lines by the end of 2025.
Chinese EV startup Enovate to build production base in Saudi Arabia with annual capacity of 100,000 units
Enovate will form a joint venture with Saudi Arabia's Sumou Holding to build a production and R&D base in Saudi Arabia with an annual capacity of about 100,000 NEVs.
BMW i7 officially launched in China with starting price of $209,950
The BMW i7 is the fifth all-electric vehicle the automaker has launched in China, after its previous offerings here included the iX, i4, iX3 and i3.
China Nov EV battery installations: Total volume up 12.2% from Oct, CATL's share at 50.64%
BYD's power battery installation volume in November was 8.94 GWh, ranking second with a 26.09 percent share.
China NEV sales at 786,000 units in Nov, a new record, CAAM data show
China's NEV penetration rate was 33.8 percent in November, a new all-time record, the CAAM data show.
CATL signs deal with Honda to supply batteries that can power 2 million EVs
Honda is expected to purchase 123 GWh of pure electric vehicle power batteries in China from CATL between 2024 and 2030.
Chinese EV startup Niutron still hopes to start delivering vehicles next year
Niutron's founder is currently approaching new production partners in a bid to resolve production issues and hope to start deliveries in the first half of next year.
China retail sales of passenger NEVs in Nov at 598,000, CPCA data show
At retail, NEVs reached a record 36.3 percent penetration rate in November.
Faraday Future to source LiDARs from Nio supplier Innovusion
Faraday Future has selected Nio supplier Innovusion's Falcon LiDAR to power the FF 91's autonomous driving system.
VW Anhui sees first pre-production vehicle roll off line
The model could be the first electric SUV from VW's Spanish sports brand Cupra -- the Tavascan -- and is expected to go into production in the second half of 2023.
