
SK Innovation Invests $2.5 Billion in Building EV Battery Plant in China
South Korea's SK Innovation Co., Ltd. plans to invest $2.53 billion in building a new factory for producing electric vehicle (EV) batteries.
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South Korea's SK Innovation Co., Ltd. plans to invest $2.53 billion in building a new factory for producing electric vehicle (EV) batteries.
Huawei's first pure electric coupe, the Huawei Smart Selection Car, made its debut: equipped with HarmonyOS 4 car system, to be released this quarter.
Faraday Future (FF) announced on Oct. 14 that it has completed the expansion and extension of its senior bridge financing facility, which was put in place in 2019 to support completion and launch of its flagship FF 91 EV.
On December 10th, CATL and Stellantis, the world's fourth-largest automotive group, inked a deal, each holding a 50% stake to form a joint venture.
Baojun released on Sunday their RC-6 vehicle, fully equipped with Huawei’s latest in-car technology including AI voice control, intelligent driving, networking and image recognition.
According to data released by the China Passenger Car Association on Wednesday, Tesla's sales reached 44,264 domestically produced units in August, up 275% year-on-year.
The China Automotive Battery Innovation Alliance released power battery data for July on August 11. During the month, China produced a total of 47.2 GWh of power batteries, up 172.2% year-on-year and 14.4% quarter-on-quarter.
On August 3rd, Zeekr announced that the first batch of Zeekr 001 European version was officially launched yesterday at the Zeekr Intelligent Factory in Hangzhou Bay, Ningbo. It is about to be shipped to Europe, marking the beginning of a new chapter in Zeekr's European strategy.
Qin Lihong, co-founder and president of Chinese new energy vehicle firm NIO, announced on Wednesday that its brand-new ES7 model will be released at the end of May.
Reports have surfaced that Chinese electric vehicle maker XPeng Motors recently started a self-developed batteries project. The firm later denied the rumors.
As of February 2, Tesla temporarily shut down its stores in mainland China as the novel coronavirus worsens, according to a news report by CNBC on Thursday.
BMW and Envision AESC, a battery tech firm under Envision Group, reached a long-term cooperation agreement. Under the deal, Envision AESC will provide its next generation of lithium-ion batteries for BMW's new vehicle models from 2026.