China EV Maker Nio to Spin off its Battery Production Unit
Chinese electric vehicle maker Nio plans to spin off its battery manufacturing unit, according to two people with knowledge of the matter, as part of the efforts by the company to turn profitable, reduce costs and improve efficiency. The nascent…
Chinese EV Battery Giant CATL will Set up Research and Development Centre in Hong Kong
The world’s biggest maker of batteries for electric vehicles (EVs), Contemporary Amperex Technology (CATL), will set up a research and development centre in Hong Kong, the Post has learned. The establishment of the centre would mark another win for a…
China’s Electric Bus Revolution Glides On
On a rainy afternoon in Shenzhen, damp passengers jostle their way onto the megacity’s buses, the quiet foot soldiers of an electric revolution for coal-guzzling China’s public transport network. Shenzhen ditched diesel buses and went fully electric in 2017 —…
BMW, Mercedes to Jointly Construct EV Charging Network in China
BMW and Mercedes are partnering to develop a charging network in China, their largest market. The joint venture, equally shared by BMW Brilliance Automotive and Mercedes-Benz Group China, aims at launching the first charging stations next year. The collaboration plans…
EVs With Chinese Parts won’t Qualify for the full $7,500 tax Credit from 2024
The US government has released guidance that will make it harder for EVs to qualify for the full $7,500 tax credit if their batteries contain Chinese components or minerals. New guidance for EV tax credits A couple of days ago,…
Huawei is Pushing its Tech into the EV World with new Cars, Automaker Partnerships
Chinese telecommunications and smartphone giant Huawei is doubling down on selling its tech in the competitive electric car market. The company has emphasized it doesn’t manufacture cars. Instead, it sells tech components such as its Harmony OS operating system and…
China’s Nio Teams up with Geely on Auto Battery Swapping
Chinese automakers Nio (9866.HK) and Zhejiang Geely Holding Group said on Wednesday they had signed a strategic partnership agreement on battery swapping that would see them work together on standards, technology and model development. The deal makes Geely, whose brands…
This Chinese EV Has A Giant TV Inside And Can Measure Disease Risks
The Chinese EV industry is booming. Now Skyworth – the automotive subsidiary of Skywell, an electronics company from China – wants to get in on the game with the new Skyhome, a sleek-looking sedan that will go into production next…
China-made Tesla EVs Grab 1st Place in Imported EV Standings in Korea
China has overtaken Germany as the top exporter of electric vehicles (EVs) to Korea. Korea’s imports of Chinese EVs totaled US$172 million in October, according to the Korea International Trade Association (KITA). That’s more than double the amount of Korea’s…
Nissan will Invest Over $1 Billion to Make EV Versions of its Best-selling cars in the UK
Nissan will invest more than 1 billion pounds ($1.3 billion) to update its factory in northeast England to make electric versions of its two best-selling cars, a boost for the British government as it tries to revive the country’s ailing…
