Category: eV
Nio announces 2.2 billion USD investment from CYVN
Per share purchase price is 7.50 USD.
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BREAKING: Nio secures new $2.2 billion investment from Abu Dhabi’s CYVN
CYVN will increase its stake in Nio to about 20 percent with its latest investment, after finishing a roughly $1.1 billion investment in July.
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Clean Energy In Emergencies: A Getting Started Guide
Geely Galaxy E8 with 475 kW started pre-sales in China at 26,350 USD
The Gely Galaxy E8 has a Golden Brick battery from Zeekr on board, 475 kW and up to 655 km of range. It has a drag coefficient of 0.199 Cd.
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Mercedes-Benz gets L3 self-driving test permit in Beijing
Last week BMW said it was licensed to test vehicles with L3 self-driving features in Shanghai.
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EV battery maker Rept makes HK stock market debut with market cap above CALB
Rept's latest market capitalization of HK$42.4 billion overtook CALB as the highest lithium battery maker listed in Hong Kong.
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Neta, LK Technology to jointly develop ‘world’s largest’ die-casting machine
Neta and LK Technology will jointly develop a die-casting machine in the 20,000-ton class, which is expected to reduce the manufacturing time of vehicle chassis from 1-2 hours to 1-2 minutes.
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Xpeng offers $1,400 limited-time discount on G6
G6 delivered 8,750 units in November, contributing 43.66 percent of Xpeng's monthly deliveries of 20,041 units.
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