Industry News2 Min Read RainManonFebruary 25, 2021 Geely, Volvo abandon full merger Geely's announcement claimed a "merger" between the two, but the content of the announcement showed that Geely and Volvo have essentially…
CATL2 Min Read RainManonFebruary 8, 2021 CATL reportedly to supply power cells to Hyundai Motor Group Chinese battery supplier CATL is said to supply power cells to two models built on Hyundai Motor Group's E-GMP platform, with supplies set to…
Nio1 Min Read RainManonFebruary 2, 2021 Nio partners with furniture retail giant to build 60 charging and battery swap stations Under the agreement, Nio will receive support from Red Star for the construction and operation of the stations in 2021.
BYD1 Min Read RainManonJanuary 26, 2021 BYD reportedly to buy Aston Martin at valuation of $5.7 billion Chinese automaker BYD is preparing to buy Aston Martin at a valuation of 37 billion yuan ($5.7 billion) and help the British luxury car brand…
Xpeng1 Min Read RainManonJanuary 22, 2021 Xpeng, Gaode Map partner to bring smarter navigation to P7 Alibaba-backed Auto-Navi Software Co., also known as Gaode Map, released its third-generation in-car navigation system on January 22, and…
Industry News3 Min Read RainManonJanuary 13, 2021 Foxconn, Geely to set up joint venture to OEM for third-party auto firms Foxconn and Geely each hold 50 percent of the shares, and the chairman will be appointed by Foxconn.
Xpeng1 Min Read RainManonJanuary 12, 2021 Xpeng secures credit lines totaling RMB 12.8 billion from five Chinese banks Xpeng today announced that it has received credit facilities totaling RMB 12.8 billion from five Chinese banks to support its business…
BYD Xiaomi1 Min Read RainManonDecember 15, 2020 Xiaomi, BYD deny rumors of joint car manufacturing The car was said to be a convertible electric model with a pre-order price of RMB 84,999 yuan.
CATL2 Min Read RainManonDecember 14, 2020 SAIC’s high-end EV brand partners with CATL to develop cars with range of up to 1,000 km The battery's energy density will be 30-40 percent higher than the current industry-leading level and can achieve a maximum range of about…
Nio2 Min Read RainManonDecember 14, 2020 Nio signs agreement with State Grid subsidiary to build 100 charging and battery swap stations by 2021 They will strive to achieve at least 100 million kWh of clean electricity for new energy vehicle users in 2021, and promote the low…