The two companies aim to churn out EV batteries that can last for as long as 15 years, nearly double the current average lifespan of such batteries of about eight years, which could help EV users save tens of thousands of yuan, they said.“Battery safety,...
Geely’s premium electric-vehicle (EV) unit Zeekr has cut prices by 10 per cent, joining the fray against mainland Chinese rivals after BYD fired the first salvo this month.The refreshed versions of the Zeekr 001, which competes with Tesla’s Model 3, are now priced at 269,000...
The company, based in Ningde in East China’s Fujian province, said in a filing to the Shenzhen Stock Exchange on Tuesday evening that earnings for last year would reach 42.5 billion yuan (US$6 billion) to 45.5 billion yuan, up by between 38.3 per cent...
Contemporary Amperex Technology (CATL), the world’s largest electric vehicle (EV) battery manufacturer, will build its first plant in Beijing to tap the rising demand for battery-powered cars in mainland China.CATL’s plant will help China’s capital city form a complete supply-chain for EV production, as...