electric vehicles


2023-10-06

[News] Chinese Battery Firms Propel Global Expansion: At least five Major Announcements in One Week

According to a recent report by itdcw, several Chinese new energy companies unveiled ambitious overseas expansion plans during the last week of September, with the highest investment commitment reaching almost a billion dollars. This development comes as global demand for batteries skyrockets, d...

2023-10-03

[Report Highlights] NIO’s New EC6 Hits the Market with OBC Removed across the Entire Lineup

On September 15, 2023, Chinese automaker NIO announced the launch of the new generation EC6, marking a generational shift from its predecessor. The all-new EC6 is built on NIO's nt2.0 platform and represents the final model to be introduced on this platform. ......

2023-09-27

[News] BYD Amasses 13,000 EV Patents, 15 Times More Than Tesla

Source to Carfun, in the past two decades, Chinese electric vehicle (EV) manufacturer BYD has been relentlessly pursuing patents for EV technology, amassing a staggering 13,000 patent applications, a figure more than 15 times greater than Tesla's modest 863 patents. The stark contrast primarily boil...

2023-09-21

[News] Volvo Declares the End of their Diesel Car Will be Produced in early 2024

Source to Volvo’s recent announcement, by 2030 Volvo plans to sell only fully electric cars, and by 2040 aims to be a climate-neutral company. That clear roadmap towards all-out electrification represents one of the most ambitious transformation plans of any legacy car maker. At Climate Week NYC V...

2023-09-21

[News] BYD Reveals Second Model’s Price in Japan, NIO Raises Funds for Debt Repayment

Source to media China Timse,  in the realm of China's mainland new energy vehicle industry, NIO announced on the 20th that it has successfully secured $1 billion in funding through two convertible corporate bond offerings. This move aims not only to reduce existing debt but also to strengthen its b...

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