EV

EV battery leader CATL released its annual report for 2021 on April 21. According to the report, CATL’s annual revenue exceeded RMB 10 billion for the first time thanks to the rapid growth of the EV (or NEV) industry. On the same day of the publication of the annual report, CATL also issued another notice stating that it will invest no more than RMB 13 billion to build a battery production complex in Xiamen, a city in China’s Fujian Province. ...  more

Power for electric vehicle has so far often flowed in one direction—from the charging device to the vehicle but this will soon change with vehicle-to-grid (V2G, vehicle-to-grid) applications. ...  more

Audi Taiwan announced the official launch last week of the electric SUV e-tron performance version e-tron "S" with the Sportsback version launched simultaneously. The price of this three-motor performance beast in Taiwan was also announced. ...  more

Tesla, once again, did not disappoint in the first quarter of this year. Its production capacity is near a record high and the number of vehicles delivered has set a new record. However, its Berlin Gigafactory, which recently came online, is now in a crisis of possible shutdown. ...  more

On April 14, major Chinese battery manufacturer CATL announced that Ningbo Contemporary Brunp Lygend Co. Ltd. (CBL) signed a cooperative framework agreement with Indonesian companies PT Aneka Tambang (ANTAM) and PT Industri Baterai Indonesia (IBI).Together, they will jointly develop an integrated manufacturing project for EV batteries. ...  more

Tesla released its 1Q22 earnings report today, which once again exceeded analysts' expectations and delivered positive profit results for the tenth consecutive quarter. ...  more

Foxconn's electric vehicle roadmap has new goals. According to foreign media reports, they are in discussions with PTT Group to set up an electric vehicle factory in Thailand and establish a new joint venture to enter the electric vehicle market. ...  more

BMW announced its brand new flagship 7 series today, with two internally configured devices that are bound to wow a lot of tech junkies. ...  more

BMW attained remarkable EV sales during the first quarter of 2022, which also prompted the sales executive of the US region to believe that the reign of Tesla is now over as BMW is catching up expeditiously. ...  more

Tesla’s Shanghai Gigafactory will officially resume work today but, limited by pandemic prevention regulations, a "closed-loop system" must be adopted. Simply put, if employees want to go to work, they can use the factory as their home, and eat, drink, and sleep, all in the factory. ...  more