Shanghai Tesla Spontaneously Caught Fire Igniting Two Cars
Smoke rose from a Tesla. Six seconds later, flames spread from the burning car to ignite two cars in an underground parking lot in Shanghai on April 21.
Tag: #electric vehicle
Showing 12 of 1789 posts with this tag
Geely to Set Up New Electric Vehicle Sales Unit: Report
China’s Zhejiang Geely Holding Group plans to set up a separate unit to explore marketing and sales of electric cars, Reuters reported citing people familiar with the matter.
2/20/20212 min read
NIO's Second Advanced Manufacturing Base Is Open to the Public
On October 20th, NIO's second advanced manufacturing base officially opened to the public.
NIO President Qin Lihong Believes Firm Has Advantage in China's High-end EV Market
Qin Lihong, co-founder and president of NIO, said at a media communication meeting held on December 12 that NIO had an advantage in the sales volume of high-end electric vehicles worth over 400,000 yuan ($57,348) in China in November.
12/12/20223 min read
NIO Announces Completion of At-The-Market Offering of American Depositary Shares
On November 21, Chinese EV maker NIO announced that it has completed its previously announced at-the-market offering of American depositary shares, each representing one Class A ordinary share of the company.
11/22/20211 min read
NETA Auto Secures D3 Round of Financing
Recently, NETA Auto, a Chinese new energy vehicle company, completed a D3 round of financing worth several hundred million yuan, led by Dayone Capital.
7/15/20222 min read
Xinling Semiconductor Completes Pre-A Round Financing
Xinling Semiconductor, a mixed-signal computer chip developer based in China, has announced its completion of a pre-A round of financing.
7/22/20222 min read
EV Maker Avatr Technology's Valuation Increases to $942M
Changan Automobile announced on Thursday that Avatr Technology, an electric vehicle enterprise jointly established by Changan, Huawei and CATL, has completed a capital increase and share expansion deal.
4/29/20222 min read
BYD's Bus Drives Over 10 Billion Kilometers
Chinese electric vehicle maker BYD announced on Friday that the total mileage of its buses has exceeded 10 billion kilometers to date.
4/1/20222 min read
CATL's Q1 Net Profit Reaches $1.43B, Gross Profit Margin Exceeds 20%
On April 20th, CATL released an impressive first-quarter financial report. The report revealed that the company achieved an operating income of 89.038 billion yuan ($12.96 billion) in the first quarter of this year, which is an increase of 82.91% compared to last year's figures.
BYD Reportedly Sets 2023 Sales Target of 4 Million Vehicles
News emerged on January 3 that Wang Chuanfu, the chairman of Chinese automotive giant BYD, has set a goal of selling a total of 4 million vehicles in 2023. In response, BYD said that due to the continuing pandemic, it is difficult to set a precise sales target for this year.
ECARX to Go Public in $3.82B Merger With COVA Acquisition
ECARX Holdings, Inc., a global mobility tech company, has entered into a merger agreement with COVA Acquisition Corp. and expects to be listed on the Nasdaq upon completion of the transaction.
5/27/20222 min read