3+ hour, 7+ min ago   (319+ words) (Yicai) Jan. 15 -- China's vehicle sales will likely increase for the sixth straight year this year, supported by the country's consumption promotion policies, but the growth rate is expected to be the lowest in the period, according to the China Association…...

1+ day, 14+ min ago   (415+ words) (Yicai) Jan. 14 -- Fulin Precision's shares rose after the Chinese supplier of raw materials for power batteries said Contemporary Amperex Technology, the world's biggest maker of lithium batteries, will invest CNY3.2 billion (USD455 million) in the company, making it the second-largest shareholder. Fulin…...

1+ day, 2+ hour ago   (217+ words) (Yicai) Jan. 14 -- Ronbay New Energy Technology said it has secured an order for lithium-iron phosphate cathode materials worth CNY120 billion (USD17.2 billion) from Contemporary Amperex Technology, expecting the deal to turn it into a leading supplier in the industry. Ronbay will provide…...

2+ day, 3+ hour ago   (477+ words) (Yicai) Jan. 13 --BMW cut the guide prices for 31 of the German carmaker's models in China at the start of this year, though Yicai found that the reductions have done little to push down the prices buyers actually pay at dealerships....

1+ week, 2+ day ago   (391+ words) (Yicai) Jan. 6 -- Shenghua New Material, a Chinese supplier of high-quality lithium iron phosphate cathode materials backed by battery giant Contemporary Amperex Technology, plans to invest CNY8.7 billion (USD1.2 billion) to expand its production capacity. Shenghua will build three new facilities in Ordos…...

1+ week, 3+ day ago   (454+ words) (Yicai) Jan. 5 -- Capchem Technology, a Chinese supplier of fine chemical products, said it plans to invest USD260 million building a lithium-ion battery electrolyte solvent plant in Saudi Arabia and up to CNY200 million (USD28.6 million) to hike the production capacity of its electrolyte…...

1+ week, 3+ day ago   (320+ words) (Yicai) Jan. 5 -- Leapmotor Technology, Xpeng Motors, and Xiaomi Auto were the only ones among China's new energy vehicle startups and legacy automakers' EV brands to achieve or exceed their annual delivery targets last year. Leapmotor's deliveries jumped 103 percent to 596,555 cars…...

2+ week, 2+ day ago   (209+ words) (Yicai) Dec. 30 --Changan Automobile, one of China's three major state-owned carmakers, said it plans to raise CNY6 billion (USD850 million) through a private placement of shares to its controlling shareholder Changan Automobile Group to finance multiple new smart new energy vehicle projects....

1+ mon, 5+ day ago   (675+ words) (Yicai) Dec.10 --MAHLE has expanded its powertrain portfolio to include solutions for electric vehiclesas well as internal combustion engine cars, according to Philipp Grosse Kleimann, Member of the MAHLE Management Committeeand head of the Lifecycle and Mobility business unit. "We…...

1+ mon, 3+ week ago   (620+ words) (Yicai) Nov. 18 -- Dealers of used luxury autos in China have been going through tough times because of the rapid decline in the value of such vehicles over recent years." "The price of used Porsche Cayenne has really dropped quickly," a…...