Vision Plus Capital announced on Friday that Wang Kai, former CTO of Li Auto, joined the firm as an investment partner. Wang's experience in the fields of new energy, autonomous driving and intelligent hardware, will help the company improve its portfolio.
MS Energy, a low-carbon green energy services provider, announced Monday that it has secured several hundred million yuan in a round B and round B+ of financing.
New energy technology startup Legend Energy has completed round-A financing totaling tens of millions of yuan. This round was led by Fresh Capital, while PhoenixTree Capital served as financial advisor.
China's National Development and Reform Commission issued an announcement on Tuesday, putting forward the main objectives of constructing a modern energy system during its “14th Five-Year Plan” Period.
Recently, Sequoia Capital China completed fundraising for its new infrastructure equity investment fund, which featured the participation and support of many investment institutions, including Brookfield.
Chinese tech firm Cemt Co., Ltd. received nearly 200 million yuan ($31.39 million) in a B round of financing, with investors including Oriza Prior, CCB Trust and Moom Group.
Reuters reported on Oct 15 that NEVS, a Swedish electric vehicle (EV) unit under China Evergrande Group, is negotiating with U.S. and European venture capital companies and industrial partners to find a new owner.
MIIT said on Wednesday that it plans to coordinate the research institutions involved in the issue to formulate a standard of sodium-ion batteries and will support them in their formulations and approvals.
The Chinese division of American electric vehicle (EV) manufacturer Tesla Inc. announced on Friday that it has lowered the price of its popular Model 3 to settle at a new overall post-subsidies price tag of 235,900 yuan ($36,500), a reduction of 15,000 yuan.
Chinese Electric Vehicle Battery Manufacturer CATL announced on Monday that it had signed a new long-term agreement with U.S. EV maker Tesla to supply battery cells to the company. Shares of CATL have been climbing in recent months in anticipation of the deal.
Jiangsu Yunkuaichong New Energy Technology Co., Ltd. completed a B1 round of financing, led by Contemporary Amperex Technology Co., Limited, Empower Investment and Chasing Fund.
The BAIC Group’s New Energy ARCFOX αS currently has three models listed in the catalog, with maximum ranges reaching 525km, 603km, and 708km, respectively.