- China’s locally-born NEV brands bear heavier stress amid epidemic
In February, automakers in China sold roughly 11,000 locally-produced new energy PVs (NEPVs) in total, a year-on-year plunge of 77.7% and a month-on-month slump of 70%, according to the China Passenge...
Mar. 11 , 2020
- BYD for the second time receive NEV subsidy in March
BYD Company Limited said on March 10 the Xi’an Finance Bureau will allocate to its subsidiary BYD Automobile Co.,Ltd RMB1,983,510,000 of central government subsidy for new energy vehicle (NEV) promo...
Mar. 11 , 2020
- 100,000th BYD Yuan EV rolls off production line
The 100,000th BYD Yuan EV has rolled off the production line, said the Shenzhen-based automaker, a new milestone for BYD’s NEV offensive.
Mar. 05 , 2020
- BYD’s subsidiary receives RMB1.342 bln of governmental subsidy on NEV sales
BYD announced on March 2 its subsidiary BYD Auto Industry Co.,Ltd scored RMB1,342,260,000 of central government subsidy for new energy vehicle promotion that occurred in 2017.
Mar. 04 , 2020
- Guangzhou grants NEV buyers subsidy of RMB10,000 per car
After conveying the determination to bolster auto consumption, Guangzhou municipal government rapidly honored its promise by launching a set of materialized policies.
Mar. 03 , 2020
- Guangzhou highlights subsidy for NEV purchase to boost auto sales
Guangzhou municipal government has set forth a set of measures to augment people’s automobile spending, including subsidizing the purchase of new energy vehicles and the replacement of pre-owned car...
Mar. 02 , 2020
- Foton Motor establishes NEV joint venture with state-owned Beijing Public Transport
China’s CV manufacturer Foton Motor and Beijing Public Transport recently founded a NEV joint venture with the former grasping the most of shares.
Feb. 28 , 2020
- FAW-Toyota said to build new plant with annual capacity of 200,000 NEVs
FAW-Toyota prepared to construct a new plant with annual capacity of 200,000 NEV in Tianjin, a local media outlet reported on Feb. 27, for the second time expanding NEV capacity since 2018.
Feb. 27 , 2020
