New BYD EV Platform To Come In 2021
According to the most recent reports from China, Lian Yubo, senior vice president of BYD, hinted at a new EV platform scheduled for market launch in April 2021. The new models, based on this new platform, should have cost, range…
China’s BYD, Japan’s Hino Announce Electric Truck Venture
CHINESE electric car brand BYD Auto and Japanese truck maker Hino Motors said Wednesday they are jointly setting up a company to develop battery-powered trucks and buses. The venture is one of a series of tie-ups between Chinese and foreign…
Farasis And TOGG Signed A Letter Of Intent To Develop Energy Storage Solutions For Turkey And Surrounding Countries
Farasis is partnering with TOGG, a European OEM developing native electric vehicles and e-mobility ecosystem, for the use of Farasis battery cells in the full range of TOGG products. According to the agreement, battery cells will be provided by Farasis…
Audi To Set Up A Joint Venture With China’s FAW To Manufacture Electric Vehicles
Audi, a German luxury automobile manufacturer, announced that it has signed a Memorandum of Understanding with China’s state-owned automobile company FAW to launch a joint venture to produce electric vehicles in China. The company said that it would produce several…
Chinese Automakers Announce Targets To Raise Hydrogen Vehicle Sales
Chinese automakers have announced plans to increase sales of hydrogen fuel cell vehicles, a niche segment in the world’s biggest auto market, and the government is expected to announce supportive new policies, possibly as early as this month . SAIC…
CBAK Energy Has Successfully Developed Large-Sized Cylindrical Tabless Battery With 25% Boost In Energy Density And 20% Cost Saving
CBAK Energy Technology, Inc., a world’s leading lithium-ion battery manufacturer and electric energy solution provider, announced that its product release of 32140 large-sized cylindrical tabless battery has officially passed its technical and Pilot Plant tests which demonstrated its success in…
China’s Electric Carmaker WM Motor Pulls In $1.47B Series D
Chinese electric vehicle startup WM Motor just pocketed an outsize investment to fuel growth in a competitive landscape increasingly coveted by foreign rival Tesla. The five-year-old company raised 10 billion yuan ($1.47 billion) in a Series D round, which will…
Li Auto Inc. Announces The Adoption Of NVIDIA’s Next Generation Autonomous Driving Smart Chip Orin
Li Auto Inc., an innovator in China’s new energy vehicle market, announced a three-way strategic cooperation with NVIDIA Corporation, the world’s leading artificial intelligence computing company, and NVIDIA’s Chinese partner, Huizhou Desay SV Automotive. Through this strategic cooperation, Li Auto…
Kandi Announces Establishment Of China Battery Exchange Technology Co., Ltd.
Kandi Technologies Group, Inc. announced the establishment of a wholly-owned subsidiary for its battery swapping services: China Battery Exchange Technology Co., Ltd. By establishing the China Battery Exchange Technology Company, Kandi can better monetize its dozens of patents in the…
Tencent, Others To Buy $516.12 Million Worth Shares In China Evergrande New Energy Vehicle
China Evergrande New Energy Vehicle Group Ltd said investors including Tencent Holdings Ltd and Sequoia Capital will buy HK$4 billion ($516.12 million) worth of company shares in a share sale. The electric vehicle unit of property developer China Evergrande said…
