- Shanghai’s NEV outputs leap 70% YoY to 550,000 units in 2021
Shanghai saw its annual new energy vehicle (NEV) outputs and production value of NEV industry soar 70% and 200% year on year to 550,000 units and over 160 billion yuan ($25.262 billion) in 2021, said ...
Jan. 24 , 2022
- Baoneng Motor unveils first model under ‘BAO’ NEV brand
On Jan. 22, Baoneng Motor, the automotive business arm of Chinese property and financial service conglomerate Baoneng Group, displayed in Guangzhou several new models under BAO and Qoros brands.
Jan. 24 , 2022
- New energy passenger vehicles help carbon emission cut by 15 mln tonnes per year in China
The use of the new energy passenger vehicles currently running on roads in China can result in around 15 million tonnes of carbon emissions cut annually compared to that of traditional oil-fueled pass...
Jan. 21 , 2022
- China’s Guangxi aims to produce, sell 1 million plus NEVs annually by 2025
Outputs and sales of new energy vehicles (NEVs) in South China's Guangxi Zhuang Autonomous Region (GZAR) are expected to rise to around 30% of the region's overall new car production and sales volumes...
Jan. 19 , 2022
- Chinese home appliance maker Midea Group said to offer system-grade solutions for NEVs
Midea Group plans to offer system-level solutions for new energy vehicles (NEVs), according to a local media outlet, citing a person with the Chinese home appliance giant.
Jan. 19 , 2022
- China’s car parc amounts to 302 million units by end of 2021
China's motor vehicle parc amounted to roughly 395 million units by the end of Dec. 2021, of which 302 million units were automobiles, according to China's Ministry of Public Security (MPS).
Jan. 12 , 2022
- Xiaomi-backed investment fund invests in strategic round of NEV parts supplier EVTECH
EVTECH announced earlier this week it has nabbed over 100 million yuan ($15.689 million) in a strategic financing round supported by Hubei Xiaomi Yangtze River Industry Investment Fund Partners (Limi...
Jan. 12 , 2022
- SAIC Motor posts 2.45% YoY drop in 2021 auto sales
SAIC Motor saw its full-year sales in 2021 edge down 2.45% to 5,463,500 units, the company announced on Jan. 7.
Jan. 07 , 2022