Deals

The 450-MWh battery storage project will be deployed in Texas and is expected to begin commercial operations in 2024.

Ningbo Tuopu said its strategic partnership with Nio uses an innovative T0.5 collaboration model that will provide the latter with better products and services.

Enovate has already owed its employees two months of salary arrears and its factory in Changsha, Hunan province, has shut down production this year, according to local media.

CATL will participate in the vehicle development and production of BAIC-affiliated NEV companies, and provide power battery products and services.

A BYD spokesperson, responding to CnEVPost's request for comment, said the information was untrue and not in line with the actual situation.

The initial order will include the BYD Atto 3, which will be available under the so-called Salary Sacrifice program.

CATL's RMB 6.4 billion restructuring proposal was approved unanimously by lithium miner Sinuowei's creditors, according to local media.

Seres and Huawei will jointly launch a new vehicle platform, the first flagship model of which is scheduled for release in 2023.

Newrizon was founded in September 2020 by former Nio senior vice president Huang Chendong.

BYD will sell all-electric versions of its Tang SUV and Han sedan through seven dealers in Mexico in 2023, an executive said last year.