China's power battery recycling market size projected to reach $4.1 billion by 2025
The amount of retired power batteries in China is going up year by year, with the scrap volume expected to exceed 18 GWh in 2021 and reach 91 GWh by 2025, according to TrendForce.
Nio reaches 699 swap stations, 700 goal to be achieved Friday
Nio said its 700th battery swap station will go live on December 10, reaching its annual goal ahead of schedule.
CATL to form joint venture with copper foil supplier
CATL's joint venture with Guangdong Jiayuan will build projects with an annual capacity of 100,000 tons of high-performance copper foil.
BAIC sold 2,471 NEVs in Nov, up 41% year-on-year
BAIC BluePark is now pinning its hopes for a turnaround on the Arcfox α-S model under its Arcfox brand.
BYD reportedly starts buying IGBT modules from suppliers besides its semiconductor unit
That's partly because BYD Semiconductor's production capacity is really tight, and partly because it's trying to cut back its affiliate deals with BYD Group.
Xpeng blames tight battery supply for delayed deliveries that led to consumer complaints
Some consumers have accused Xpeng of prioritizing the production and delivery of models with a range of 670 km, while freezing orders for those with a range of 480 km.
Svolt Energy nearly doubles its battery capacity target to 600 GWh by 2025
That's nearly double Svolt's previous goal of 320 GWh, and more than the 520 GWh that CATL, currently China's largest power cell supplier, expects it to have by 2025.
Evergrande's car-making progress suffers new setback as its models disappear from regulatory list
Two of Evergrande's models appeared on the MIIT's list seeking public feedback early last month, but disappeared from the final list.
Great Wall Motor's Ora brand sold 16,136 vehicles in Nov, up 39% from a year earlier
The Ora Good Cat sold 8,855 vehicles in November, up 13 percent from 7,845 in October, a record for a single month.
Nio invites media to Nio Day 2021 to be held on Dec 18
The theme of this year's Nio Day, "Hello World", is to embrace the ever-changing world with an open and inclusive mind, the company said.