GAC Group plans to invest USD 1 billion in NIO

Zeekr, the new pure electric premium brand from Geely Holding Group launched its first car, the 001, at an event held at the Zeekr Intelligent Factory in Hangzhou Bay, China. As part of its brand offering, Zeekr will take aim at the premium EV segment in China and selected global markets. Zeekr 001 - the world's first mass produced pure electric shooting brake is designed in Sweden at Geely Design Gothenburg with...

19 April 2021

GAC Group held its third annual GAC Tech Day at the GAC R&D Center. This year, the event was focused on battery tech for EVs. First, GAC unveiled its neutron star strategy, aimed at creating a new era of low-carbon, new energy travel. GAC will continually work towards creating a battery that is like a neutron star: small, yet densely packed with extreme speed and power. Secondly, GAC unveiled its sponge silicon...

13 April 2021

NIO delivered 7,257 vehicles in March 2021, a new monthly record representing a strong 373% year-over-year growth. The deliveries consisted of 1,529 NIO ES8 units, the company's 6-seater and 7-seater flagship premium smart electric SUV, 3,152 NIO ES6 units, the company's 5-seater high-performance premium smart electric SUV, and 2,576 EC6s, the company's 5-seater premium smart electric coupe SUV. NIO delivered 20,060...

1 April 2021

Silk EV, an international automotive engineering and design company, and FAW, China's largest car manufacturer, announced today that they have launched a joint venture to develop a series of ultra-luxury, high-performance, new energy sports vehicles for the China and global markets. The Silk-FAW Joint Venture plans to launch the new full electric and hybrid luxury models under the Hongqi S series - the first model...

3 February 2021

Today, NIO provided its January 2021 delivery results. The brand has delivered 7,225 vehicles in January 2021, a new monthly record representing a 352.1% YoY growth. The deliveries consisted of 1,660 ES8 units, 2,720 ES6 units, and 2,845 EC6 units. As of January 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 82,866 vehicles.

1 February 2021

GAC Group announced a major achievement in battery technology. It has made a breakthrough process in its graphene-based super-fast-charging battery and has now entered the phase of actual vehicle testing. Aion V, the first vehicle to be equipped with the new battery, is undergoing winter testing and is initially scheduled for mass production in September this year. Graphene initially costs up to a few hundred...

28 January 2021

Zhejiang Geely Holding Group (Geely Holding) and Foxconn Technology Group (Foxconn) signed a strategic cooperative agreement that will establish a joint venture company to provide OEM production and comprehensive customized consulting services relating to whole vehicles, parts, intelligent drive systems, automotive ecosystem platforms, electric vehicle industry value chain, etc to global automotive enterprises. The...

18 January 2021

Jointly founded by SAIC Motor, Zhangjiang Hi-Tech and Alibaba Group, IM Motors (Zhiji Motors in Chinese), a premium intelligent pure electric vehicle brand, was simultaneously premiered in Shanghai China, CES in Las Vegas and London, UK. At the brand launch, IM Motors unveiled two ready-for-production models - the Intelligent Pure Electric Car and SUV. The English brand name IM Motors stands for Intelligence in...

18 January 2021

Geel announced that it intends to establish a new strategic partnership with Baidu, China's pre-eminent search engine, information-centered internet platform and AI company. The strategic partnership will focus primarily on the joint research and development and production of intelligent and connected electric vehicles. The new strategic partnership will make use of Geely's recently announced pure electric...

12 January 2021

NIO has provided its December, fourth quarter, and full-year 2020 delivery results. NIO delivered 7,007 vehicles in December 2020, setting a monthly record representing a strong 121% YoY growth. The deliveries consisted of 2,009 ES8s, 2,493 ES6s, and 2,505 EC6s. NIO delivered 17,353 vehicles in the fourth quarter of 2020, representing an increase of 111% YoY. As of December 31, 2020, cumulative deliveries of the...

4 January 2021

NIO has launched a 100 kWh battery that has gained over 300 patents. It features the CTP (cell to pack) technology for 37% higher energy density. With the new battery, the NEDC range of NIO models can now reach up to 615 km. NIO explains the improved performance with four technological achievements: thermal propagation prevention design for improved thermal management of the battery highly integrated design that...

6 November 2020

NIO delivered 5,055 vehicles in October 2020, a new monthly record representing a 100.1% year-over-year growth. The deliveries consisted of 2,695 NIO ES6 units, 1,477 NIO ES8 units, and 883 EC6 units. NIO delivered 31,430 vehicles in 2020 so far, representing an increase of 111.4% year-over-year. As of October 31, 2020, cumulative deliveries of the ES8, ES6 and EC6 reached 63,343 vehicles.

4 November 2020

MINI has announced a realignment of its model range driven by its strategic expansion of electromobility, enhanced commitment in the crossover and premium compact segments, and strengthening of the market position in China. "MINI was always the answer to very special challenges relating to individual mobility. And the willingness to reinvent the status quo continues to shape the brand to this day," commented Bernd...

28 October 2020

NIO delivered 4,708 vehicles in September 2020, a new monthly record representing a strong 133.2% year-over-year growth. The deliveries consisted of 3,210 NIO ES6 units, 1,482 NIO ES8 units, and 16 EC6 units. NIO delivered 12,206 vehicles in the third quarter of 2020, representing an increase of 154.3% year-over-year and exceeding the higher end of the company's quarterly guidance. As of September 30, 2020...

2 October 2020