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…
China To Roll Out New Supportive Policies For Hydrogen Fuel Cell Vehicles
China will roll out a new package of policies to support hydrogen fuel cell vehicles to improve the industry’s supply chain and technologies, a government official said in an interview. China is the world’s biggest market for new energy vehicles…
China July Aluminium Output Hits Record High
China’s monthly aluminium output rose to a record high in July, official data showed on Friday, as the longest rally in domestic prices in more than a decade prompted smelters to restart production and launch new capacity. The world’s top producer…
Cao Cao Mobility, DeepRoute Partner On Robotaxis To Serve 2022 Asian Games
DeepRoute.ai LLC and Cao Cao Mobility this week said they have partnered to advance the design, development, and commercialization of an autonomous robotic taxicab service. The autonomous vehicles will use DeepRoute’s self-driving technology and will be deployed at the 2022…
Chinese Electric Car Brand NIO Looks At Expansion Abroad
Chinese electric car brand NIO plans to start expanding to Western markets next year and might export a battery-swapping service that could help it compete with rival Tesla, the company’s chairman said. NIO, founded in 2014, pushed back foreign plans…
