WeLion has signed an agreement with Ronbay Technology to purchase no less than 30,000 tons of solid-state lithium battery cathode material products from the latter from 2022-2025.
It’s becoming increasingly clear to Huawei that the automotive or mobility industry has reached a point of inflection, said the tech giant’s Rotating Chairman.
Even though the price of NEVs generally rose by RMB 5,000 to RMB 10,000, they still accounted for nearly half of sales in the first quarter, according to the CPCA.