Foxconn Seals Manufacturing Deal With Chinese EV Startup Byton
Apple Inc. supplier Foxconn Technology Group signed a strategic cooperation deal with embattled Chinese electric-vehicle startup Byton Ltd. in a transaction that could mark a large bet by the iPhone assembler on the car-making business. The companies, aided by the…
Kandi Enters Into Strategic Cooperation Agreement With Agricultural Bank Of China Hangzhou Branch
Kandi Technologies Group, Inc. (the “Company” or “Kandi”) announced today that it entered into a strategic cooperation agreement with the Hangzhou Branch of the Agricultural Bank of China. Given China’s effort to both encourage the battery swap model for electric…
MEG Announces Purchase Agreement For 2,000 Units Of D1, BYD’s Custom Electric Ride-Hailing Vehicle
Ideanomics announces that its Mobile Energy Global (“MEG”) and its contracting entity Qingdao Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. The…
BYD’s EV Battery Recycling Goes Global With Itochu
Chinese electric vehicle maker BYD will transform old EV batteries into power storage for renewable energy and factories across the globe in a new partnership with a Chinese startup and Japanese trading house Itochu. The ship-container-sized power units will begin…
Geely’s Zero EV Project Is Already A Prototype: 435-Mile Range, Deliveries In 2021
The timeline may have just been stepped up for a next-level, dedicated electric vehicle platform for Volvo, Polestar, Lynk & Co., and other Geely Auto Group brand vehicles. The Zero Concept, which marked the debut of a future dedicated electric…
China Issues Blueprint For Development Of New Energy Vehicle Industry Through 2035
As the incoming Biden Administration prepares to assume office and fulfill campaign promises to support significant spending in the zero emission vehicle industry—including in the construction of hundreds of thousands of electric vehicle chargers, and in the development of stringent…
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…
