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WM Motor expects to raise $500 million in new financing
This includes $300 million in Series D1 financing and $200 million in Series D2 financing, which is expected to accelera...Read more -
CATL signs strategic partnership deal with Neta, to participate in latter's Series D2 financing
This is the latest move by CATL to take a stake in an EV maker....Read more -
Deutsche Bank expects BEV sales in China to reach 5 million units next year
Edison Yu's team expects China's BEV penetration to be more than 40 percent by 2025, equivalent to about 10 mi...Read more -
Huawei starts selling 2-MWh energy storage system in Japan
From March, Huawei will sell large battery systems for renewable energy storage in Japan, sourcing from battery makers i...Read more -
BYD to unveil new variants of its flagship Han sedan
BYD's fuel economy-focused Han DM-i, and performance-focused Han DM-p models will soon be available for pre-order....Read more -
Former Xpeng self-driving product head said to have joined Nio
During Harry Wong's tenure as Xpeng's director of autonomous driving products, he headed the company's NG...Read more -
Xpeng ramps up ambitions in smart driving as over half of its sedan variants to come standard with XPilot
Xpeng's move is expected to further increase the penetration of NGP and accelerate the unification of assisted driv...Read more -
Voyah becomes latest Chinese EV maker to tap Norway's market
Norwegian customers will be able to test drive the Voyah FREE in July-August, with deliveries expected to begin in the f...Read more -
China's NEV industry currently immune to inflation, analysts say
High oil prices are helping NEVs replace ICE vehicles, and the latter have more raw material costs including copper and ...Read more -
Xpeng's weak Q3 outlook suggests further demand deterioration, says Deutsche Bank
"Even if we embed some degree of conservatism, this suggests further demand deterioration in Aug/Sep on a sequentia...Read more
