- BYD says vehicle sales in H1 2019 edge up 1.59% thanks to NEV sales surge
BYD said on July 5 that its vehicle sales in the first half of 2019 edged up 1.59% year on year to 228,072 units, entirely thanks to the robust growth in year-to-date (YTD) sales of new energy vehicle...
July 08 , 2019
- SAIC Motor boasts around 40% year on year surge in H1 2019 NEV sales
China’s biggest auto group SAIC Motor has sold over 80,000 NEVs in the first half of the year, a year-on-year surge of 40%, the automaker announced on July 2.
July 02 , 2019
- China extends exemption of NEV vehicle purchase tax by another three years
China has decided to continue executing the preferential policy about the vehicle purchase tax, according to an announcement jointly issued by China’s Ministry of Finance and the State Taxation Admi...
July 01 , 2019
- Dongfeng Automobile to plow RMB594 million in NEV supply chain fund
Dongfeng Automobile Co., Ltd. (DFAC) plans to jointly set up an industrial fund focusing on new energy vehicle supply chain with Beijing Ruihe Xinye Investment Co., Ltd. (R&H) and the state-owned Hanj...
June 26 , 2019
- BYD Song Pro to go on sale in mid-July with three types of powertrain
The BYD Song Pro is going to hit the market in the middle of July, according to local media outlets. Before that, the automaker has started receiving the orders of the new model on June 1.
June 24 , 2019
- Chery’s Jetour to see first EV model hit the market in the second half
From the time being, the automaker has planned 11 NEV models in total—the PHEV, BEV and FCV versions for the X70, the X70S and the X90, as well as the PHEV and BEV versions of the Jetour X95 flagshi...
June 21 , 2019
- NEV startup CHJ Automotive plans VIE structure for capital pressure relief
Leo Group announced on June 17 that CHJ Automotive plans to build a VIE (Variable Interest Entity) architecture and carry out relevant equity restructuring.
June 19 , 2019
- In May 2019 Renault Electric Car Sales Increased By 58%
Renault sold more than 5,000 electric cars for a third consecutive month.
June 19 , 2019
