- Geely Automobile's subsidiary to form JV with LG Chem for EV battery supply
On June 12, 2019, Shanghai Maple Guorun an indirect 99% owned subsidiary of Geely Automobile Holdings Limited and LG Chem entered into a joint venture (JV) agreement, saying both parties agreed to set...
June 12 , 2019
- Evergrande Group to plow RMB160 bln in 3 NEV-related R&D, production bases in Guangzhou
China Evergrande Group on June 11 signed a strategic cooperation framework agreement with Guangzhou Municipal Government as part of efforts to deepen its deployment in new energy vehicle (NEV) domain.
June 12 , 2019
- Geely Automobile reports roughly 27% year-on-year decline in May sales
Chinese automaker Geely reported just now that it sold 90,309 vehicles last month. By the end of May, the automaker has seen its cumulative sales in 2019 total 560,805 units.
June 10 , 2019
- BYD sees May sales drop 10.22%, while NEV sales surge 53.77%
Chinese automaker BYD Company Limited reported on June 6 that its sales in May of 2019 declined 10.22% over a year ago to 33,920 units, which were also 10.36% less than that of a month earlier.
June 10 , 2019
- Chinese authority forbids purchase restrictions on NEVs
Chinese authorities on June 6 announced that local governments in China were not allowed to imposed traffic and purchase restrictions on new energy vehicles (NEVs). Relevant restriction policies that ...
June 06 , 2019
- BAIC BJEV receives RMB1,155.37 million worth of state’s NEV settlement subsidy
BAIC BJEV has received a fund worth RMB24.93 million from a Beijing authority as part of central government’s efforts to liquidate the NEV subsidy that should be allocated to automakers based on the...
May 31 , 2019
- Germany Is Now The Biggest Plug-In EV Car Market In Europe
With more than 30,000 sales of new passenger plug-in electric cars (January-April), Germany is the No.1 market in Europe.
May 30 , 2019
- Geely Binyue PHEV goes on sale with after-subsidy price starting RMB139,800
The Geely Binyue, a SUV model hitting the market at the end of last October, will see its PHEV version go on sale on May 28. It is also Geely’s first BMA (B-segment Modular Architecture)-based plug-...
May 28 , 2019
