
CATL to Unveil Kirin Battery Model on August 27
Chinese power battery giant CATL has announced plans to hold a launch event for vehicles equipped with its Kirin battery on August 27.
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Chinese power battery giant CATL has announced plans to hold a launch event for vehicles equipped with its Kirin battery on August 27.

According to a document submitted by Faraday Future to the US Securities Regulatory Commission on July 15th, the cornerstone investors who initially planned to invest 175 million US dollars will not take a stake in the company.

Chinese new energy vehicle and battery giant BYD formally reached a strategic cooperation agreement on October 18 with the Brazilian division of Santander, a leader in the domestic auto finance industry.

Recently, reporters interviewed several former employees of BYD in Changsha and learned that there have been mass resignations among workers at the Wangcheng and Yuhua factories under BYD in Changsha, China.

On August 24, Beijing-based Li Auto announced that it has started building an R&D and production facility for power semiconductors in the High Tech Industry Development Zone, Suzhou, Jiangsu Province.

On Thursday, Chinese electric vehicle maker NIO successfully listed on the Hong Kong Stock Exchange. The company's ticker symbol is "9866" and the stock closed at HK$158.90 today, after trading as high as HK$169.5.

Li Auto will solve the appearance issues of battery electric products while providing users with over 2,000 supercharging stations upon delivery. It hopes to enter the first tier of high-end pure electric products within two years.

Some data linked to users' personal privacy of Chinese new energy vehicle maker NIO was stolen by criminal gangs. Regarding this, Long Lu, the Global Head of Digital Safety & Security at NIO, issued a statement on December 20 and confirmed the incident.

Chongqing Changan New Energy Vehicle Inc. (Changan NEV) on Monday announced the completion of round-B financing totaling 4.977 billion yuan ($786.5 million).

SK Innovation has recently signed a battery supply contract with Xpeng Motors and will supply Xpeng with high grade nickel-based Lithium Ion batteries according to Chinese media outlet Autohome.

Chinese new energy vehicle firm NIO Inc. announced on April 9 that due to domestic COVID-19 outbreaks, it has suspended its production of complete vehicles.

Chinese electric vehicle maker XPeng sold less than 10,000 units in both October and November, falling behind its rivals. Behind these challenges are reportedly organizational deformities.