NEV

BYD Rolled Off Its 5 Millionth New Energy Vehicle

Retrieved on: 
Wednesday, August 9, 2023
Alternative Vehicles, Fuels, EV, Electric Vehicles, Automotive, General Automotive, Vehicle Technology, Automotive Manufacturing, Manufacturing, Other Automotive, Fleet Management, NEV, Eco-friendly dentistry, Blade battery, Multimedia, Research, BYD, Growth, City, Transport, RMB, Adiat Disu, Automotive industry

BYD, the world’s leading manufacturer of new energy vehicles and power batteries, rolled off its 5 millionth new energy vehicle (NEV), a DENZA N7, today, making it the first automaker in the world to achieve this milestone.

Key Points: 
  • BYD, the world’s leading manufacturer of new energy vehicles and power batteries, rolled off its 5 millionth new energy vehicle (NEV), a DENZA N7, today, making it the first automaker in the world to achieve this milestone.
  • View the full release here: https://www.businesswire.com/news/home/20230809623981/en/
    BYD rolled off its 5 millionth NEV (Photo: Business Wire)
    “Today marks a historic moment for BYD as we witness our 5 millionth new energy vehicle rolls off the production line,” said Wang Chuanfu, Chairman and President of the company, at the ceremony held at BYD’s global headquarters to celebrate this momentous achievement.
  • As of July 2023, BYD’s global new energy vehicle sales have soared beyond 4.8 million units accumulatively, another testament to the company’s commitment to sustainable transportation solutions.
  • BYD has been actively expanding its global presence since 2010, strategically introducing new energy buses and taxis for public transit electrification.

Collective Metals Discusses Geological Potential of its Princeton Copper Project

Retrieved on: 
Tuesday, August 1, 2023
News, Iron oxide copper gold ore deposits, CSE, University, Donald Duck filmography, Mineral, Highland Boundary Fault, CMMC, Palladium, Mechanical engineering, Geology, NEV, Princeton Project, Magnetic anomaly, Porphyry, Eagle, Condor, Princeton Group, Metallurgy, Whipsaw, Soil, NI, Gold, Assessment, Project, CMIS, COMT, Fig, Bolas, Platinum, Granite, Rare-earth element, Mining, Trojan, Collective

VANCOUVER, British Columbia, Aug. 01, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is pleased to discuss the interpreted exposure level of its Princeton Project in southwest Princeton, British Columbia (the “Flagship Project” or the “Project”).

Key Points: 
  • VANCOUVER, British Columbia, Aug. 01, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is pleased to discuss the interpreted exposure level of its Princeton Project in southwest Princeton, British Columbia (the “Flagship Project” or the “Project”).
  • Christopher Huggins, Chief Executive Officer of Collective Metals, commented, “The mineralization and geological setting at the Copper Mountain Mine is very well understood.
  • This interpretation suggests the equivalent level of exposure of the CMIS at Copper Mountain is present at depth on the Princeton Project (Fig.
  • The Project hosts potential for identification of one (or more) copper gold alkalic porphyry occurrences similar in age and deposit type to the Copper Mountain Mine.

Li Auto Inc. July 2023 Delivery Update

Retrieved on: 
Tuesday, August 1, 2023
NEV, LI, City, Environment, SUV, Li Auto, Mail

BEIJING, China, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that the Company delivered 34,134 vehicles in July 2023, representing an increase of 227.5% year over year and surpassing the 30,000 mark for the second consecutive month.

Key Points: 
  • BEIJING, China, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that the Company delivered 34,134 vehicles in July 2023, representing an increase of 227.5% year over year and surpassing the 30,000 mark for the second consecutive month.
  • The cumulative deliveries of Li Auto vehicles in 2023 reached 173,251 as of the end of July.
  • “As a preferred premium automotive brand for Chinese families, we successfully delivered our 400,000th vehicle in July, becoming the first emerging NEV manufacturer in China to achieve this milestone,” commented Xiang Li, chairman and chief executive officer of Li Auto.
  • Specifically, we delivered over 50,000 Li L7s, our five-seat flagship family SUV, within five months of delivery commencement, while increasing monthly deliveries of our two six-seat SUVs, Li L9 and Li L8, from about 12,000 in March this year to around 20,000 in July.

Jiuzi Holdings Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirements for Continued Listing

Retrieved on: 
Wednesday, July 26, 2023
NEV, Letter, Cryptocurrency

HANGZHOU, China, July 26, 2023 (GLOBE NEWSWIRE) -- Jiuzi Holdings Inc. (NASDAQ: JZXN ; the "Company"), a leading new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China, is pleased to announce that on July 24, 2023, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed.

Key Points: 
  • HANGZHOU, China, July 26, 2023 (GLOBE NEWSWIRE) -- Jiuzi Holdings Inc. (NASDAQ: JZXN ; the "Company"), a leading new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China, is pleased to announce that on July 24, 2023, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed.
  • On July 26, 2022, the Company was first notified by Nasdaq its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive business days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and on January 23, 2023 the Company received a 180-day extension from Nasdaq or until July 24, 2023 to regain compliance.
  • Effective July 10, 2023, the Company effected an eighteen-to-one (18-to-1) reverse split of its ordinary shares, which was reflected with Nasdaq and in the marketplace at the opening of business on July 10, 2023.
  • Nasdaq stated that accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2).

Jiuzi Holdings Inc. Announces Closing of $2.3 Million Registered Direct Offering

Retrieved on: 
Thursday, July 20, 2023
Telephone, NEV, Sale, Form, Security (finance)

After deducting the placement agent’s commission and other offering expenses payable by the Company, the net proceeds to the Company were approximately $2 million.

Key Points: 
  • After deducting the placement agent’s commission and other offering expenses payable by the Company, the net proceeds to the Company were approximately $2 million.
  • The Company intends to use the net proceeds of the offering for working capital and general corporate purposes.
  • The securities described above were offered by the Company pursuant to a “shelf” registration statement on Form F-3 (Registration No.
  • 333-267617), including a base prospectus, previously filed with the Securities and Exchange Commission (SEC) and declared effective on December 14, 2022.

GWM NEV Sales Account for a Remarkable 46.60% YoY

Retrieved on: 
Monday, July 17, 2023
PHEV, NEV, Disclosure, Intelligence, HAVAL, Research, BEV, GWM, Patent, Transport, Coffee, RMB, Renewable energy, H2, H1

Baoding, China--(Newsfile Corp. - July 17, 2023) - GWM's half-year sales report, released on July 5th, revealed the sales of an impressive 93,225 new energy vehicles, reflecting a remarkable 46.60% year-on-year growth and 18% proportion of total sales.

Key Points: 
  • Baoding, China--(Newsfile Corp. - July 17, 2023) - GWM's half-year sales report, released on July 5th, revealed the sales of an impressive 93,225 new energy vehicles, reflecting a remarkable 46.60% year-on-year growth and 18% proportion of total sales.
  • NEV products drove sales volume and revenue growth, optimizing performance.
  • The company has successfully established more than 700 overseas sales channels, including the GWM HAVAL H6, GWM HAVAL JOLION, GWM ORA03, GWM ORA07 and GWM TANK300 in global markets.
  • In 2024, GWM will make a strong push in the PHEV and BEV, aiming to achieve a comprehensive sales volume of 1.9 million units.

Jiuzi Holdings Inc. Announces Pricing of $2.3 Million Registered Direct Offering

Retrieved on: 
Monday, July 17, 2023
Telephone, NEV, SEC filing, Sale, Prospectus, Form, Security (finance)

HANGZHOU, China, July 17, 2023 (GLOBE NEWSWIRE) -- Jiuzi Holdings, Inc. (NASDAQ: JZXN ; the "Company"), a leading new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China, today announced that it entered into a securities purchase agreement with certain institutional investors to purchase $2.3 million worth of its ordinary shares in a registered direct offering.

Key Points: 
  • HANGZHOU, China, July 17, 2023 (GLOBE NEWSWIRE) -- Jiuzi Holdings, Inc. (NASDAQ: JZXN ; the "Company"), a leading new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China, today announced that it entered into a securities purchase agreement with certain institutional investors to purchase $2.3 million worth of its ordinary shares in a registered direct offering.
  • Under the terms of the securities purchase agreement, the Company has agreed to sell an aggregate of $2.3 million ordinary shares and/or pre-funded warrants in a registered direct offering.
  • The gross proceeds to the Company from the registered direct offering are estimated to be approximately $2.3 million, before deducting the placement agent's fees and other estimated offering expenses.
  • The offering is expected to close on or about July 19, 2023, subject to the satisfaction of customary closing conditions.

Jiuzi Holdings Inc. Announces 1-For-18 Reverse Share Split

Retrieved on: 
Friday, July 7, 2023
Exercise, NEV, Common stock, Second Amendment Foundation, OTC Bulletin Board, CUSIP, Security (finance)

Following the reverse share split, the Ordinary Shares will have a par value of $0.018 per share and will continue to trade on Nasdaq under the symbol “JZXN” with the new CUSIP number, G51400128.

Key Points: 
  • Following the reverse share split, the Ordinary Shares will have a par value of $0.018 per share and will continue to trade on Nasdaq under the symbol “JZXN” with the new CUSIP number, G51400128.
  • The reverse share split is intended for the Company to regain compliance with the minimum bid price requirement of $1.00 per ordinary share for continued listing on Nasdaq.
  • Transhare Corporation is acting as the exchange agent and paying agent for the reverse share split.
  • Transhare Corporation will provide instructions to any shareholders with certificates regarding the process in connection with the exchange of pre-reverse share split share certificates for ownership in book-entry form or share certificates on a post-reverse share split basis.

Quhuo International Expedites Overseas Business Expansion: First New Energy Vehicle Export Collaboration Project Lands in Jordan.

Retrieved on: 
Wednesday, July 5, 2023
Partnership, NEVS, GAC Group, NEV, Growth, Transport, CAAM, Drug, Renewable energy

BEIJING, July 5, 2023 /PRNewswire/ -- Quhuo International announced the successful implementation of its first business collaboration in Jordan.

Key Points: 
  • BEIJING, July 5, 2023 /PRNewswire/ -- Quhuo International announced the successful implementation of its first business collaboration in Jordan.
  • Moreover, Quhuo International is also planning to establish a global vehicle trading platform to innovate the forms of vehicle transactions.
  • Through innovative transaction models, Quhuo International aims to bring forth more business opportunities and collaboration prospects for all stakeholders in the industry, fostering the development of international automotive trade.
  • Mr. Liang Bo, the General Manager of Quhuo International, believes, "This collaboration is not only our first project involving overseas countries since our establishment but also a crucial step in expanding our overseas business strategy.

Global Electric Car Batteries and Hydrogen Markets for Mass E-Mobility Analysis Report 2023: Start-ups Aim at Solving the Technological Challenges of EV Batteries - ResearchAndMarkets.com

Retrieved on: 
Friday, June 9, 2023
Alternative Vehicles, Fuels, Automotive, Hydrogen, Sodium, VW, EV, Battery swapping, Automotive industry, CATL, NEVS, ICE, Volvo, Anxiety, PHEV, NEV, Policy, Battery, Ford, Cell, LFP, Carbon, Recycling, New energy, Kilowatt-hour, BEV, QuantumScape, EVS, HEV, Hyundai, Mass, ACEA, China Europe International Business School, Tesla, Battery electric vehicle, Cobalt, Jaguar Land Rover, CAAM, Electric battery, Renewable energy, Video game, Mobile phone, Lithium, EU

The "Future of Electric Car Batteries and Hydrogen for Mass E-Mobility" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Future of Electric Car Batteries and Hydrogen for Mass E-Mobility" report has been added to ResearchAndMarkets.com's offering.
  • This report examines the impact of technology and market forces to unveil the future of battery and hydrogen mobility.
  • China has recently published legislation obliging battery and EV manufacturers to recycle exhausted EV batteries at the end of their first life.
  • Electric car sales (BEV + PHEV) reached 1.7m, or 20.4% of the mix with HEVs accounting for 23.7%.