Category: China

Leapmotor secures $84.3 million strategic investment from local govt funds

This is the latest investment Leapmotor has received after announcing a 1.5 billion euro investment from Stellantis on October 26, with the subscription price a 70 percent premium to its closing price in Hong Kong today.

The post Leapmotor secures $84.3 million strategic investment from local govt funds appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Xpeng has solid new models pipeline for 2024-2025, says BofA

The Xpeng brand will have a total of 10 models based on the SEPA 2.0 platform, many of which will be launched in 2024-2025. The Mona project's A-class sedan is scheduled for launch in the second half of the year.

The post Xpeng has solid new models pipeline for 2024-2025, says BofA appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Chinese startup Newrizon begins exporting battery swap-enabled electric trucks to Middle East

Newrizon, founded by a former Nio senior vice president, announced in February 2023 that it had secured more than RMB 100 million in Series B+ funding from Nio Capital.

The post Chinese startup Newrizon begins exporting battery swap-enabled electric trucks to Middle East appeared first on CnEVPost.

For more articles, please visit CnEVPost.

CPCA expects China’s Jan NEV retail sales to be 800,000 units, 15.3% lower than Dec

China's passenger car retail sales are estimated to be around 2.2 million units in January, down 6.5 percent from December.

The post CPCA expects China's Jan NEV retail sales to be 800,000 units, 15.3% lower than Dec appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Tesla importing cell parts from China to expand 4680 battery capacity, report says

Tesla began purchasing cathode coils from two second-tier Chinese battery makers in the second half of 2023 and shipping them to its Texas factory in the US to produce 4680 batteries, according to local media.

The post Tesla importing cell parts from China to expand 4680 battery capacity, report says appeared first on CnEVPost.

For more articles, please visit CnEVPost.