Shenzhen

NIO’s Q3 Financials Are In

Fresh from Shenzhen where NIO unveiled its new EC6 and an updated ES8 at its packed NIO Day, the company also announced its Q3 earnings before the end of the calendar year. Despite a tumultuous 2019 in which NIO maneuvered the end of Chinese electric vehicle (EV) subsidies and a battery recall (partly due to the battery company), it managed to increase sales towards the end of the year.

Beyond E-Mobility, CATL Is Promoting Energy Storage System Solutions To The World

CATL is best known as one of the largest manufacturers of lithium-ion batteries for electric vehicles (EVs) in the world. It has a portfolio of high-profile, multinational clients including BMW, Volkswagen, Ford, and GM. The company’s battery technologies, including ESS, have long battery life, high system energy density, and are well recognized for their safety.