New BAIC EC 3 officially launched, priced from RMB 65,800

BAIC BJEV officially launched the EC 3, an economic battery electric vehicle at the Chengdu Motor Show 2018. With a rangRead more

MIIT: China to develop demonstration area for fuel cell vehicles

MIIT will focus on the implementation of dual-credit policy, completion of NEV subsidy policy system, conduction of demoRead more

BYD suffers YoY net profit plunge of 72.19% in H1

BYD’s revenue advanced 20.23% over the previous year to RMB 54.151 billion during the first half of 2018. The net profiRead more

CHJ Automotive to invest RMB 11 billion to build manufacturing base in Chongqing

Chinese EV startup CHJ Automotive recently signed an agreement with Chongqing Liangjiang New Area, saying that the startRead more

Changan transfers NEV business, assets to wholly-owned subsidiary

In order to boost the development of NEV business, Changan Automobile announced on Aug. 28 that it plans to reorganize iRead more

Tesla reportedly starts to build cars in China in 2020

Tesla will start to make vehicles in its Shanghai plant from 2020. The initial stage will only see the production of ModRead more

NIO denies to go public on Sept. 18 on New York Stock Exchange

Chinese EV startup NIO will reportedly go public on the New York Stock Exchange on Sept. 18. With a market valuation of Read more

Sokon approves proposal of equity incentive in subsidiary

Chongqing Sokon Industry Group Stock Co., Ltd (Sokon) announced on Aug. 21 that the board of directors approved the propRead more

NIO has reportedly $37 billion valuation shrunk $29 billion

On Aug. 21, Chinese EV startup NIO reportedly had suffered substantial valuation shrink, which only ranged between $8 biRead more

Youxia Motor closes $ 350 million B+ funding round

On Aug. 22, Youxia Motors announced the completion of $ 350 million series B+ funding round, which was totally invested Read more