EV Industry
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Geely to build $1.6 billion LFP battery facility in Hunan
The project's ten-year total output is expected to be RMB 70 billion, and the ten-year total output after completion of the first phase is expected to be RMB 30 billion.
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Geely's ride-hailing arm Caocao reportedly gets RMB billions in new funding
If it is true, the financing would be the first local equity financing in China's ride-hailing industry in 2021, an ice-breaking move after the crackdownon Didi Chuxing.
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Hefei, where Nio China is headquartered, plans to introduce new policies to promote NEV industry
Hefei, home of Nio's China headquarters, released a new energy vehicle industry development plan on Friday that is expected to further boost the industry there.
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Kaixin Auto to acquire EV maker to speed up its car-making ambitions
Kaixin Auto closed down 1.85 percent to $3.19 on Thursday. The stock rose about 88 percent since August 5.
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OPPO leads $15 million funding round for auto chip company
OPPO's entry into the car-making business has become an open secret, as more investment by the company in the automotive sector is reported.
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Baidu Apollo launches self-driving routes in Beijing's Tongzhou District
Tongzhou was turned into the Beijing Municipal Administrative Center to restructure the spatial pattern of Beijing. It covers a total area of about 155 square kilometers.
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China ranks No. 1 in EV sales for 6th consecutive year, report says
The MIIT released its annual report on the development of China's automotive industry (2021) on Thursday, the first of its kind.
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Guangdong NEV production up 204.8% year-over-year in Jan-July
From January to July, the value-added of the automobile manufacturing industry in Guangdong grew 20.7 percent year-over-year.
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Chinese firm unveils in-vehicle wireless charging solution with 10 times output power of Tesla Model 3
NuVolta Technologies on Wednesday announced the NVTREF8040Q, an in-vehicle wireless charging solution that can deliver up to 50W of power.
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Sinopec says it has 205 gas stations equipped with photovoltaic power generation
Sinopec has completed the siting of 1,000 distributed photovoltaic sites, and it aims to build 7,000 such sites during its 14th five-year plan (2021-2025).
