- GAC NIO unveils new NEV offshoot dubbed HYCAN on May 20
On May 20, GAC NIO New Energy Automotive Co.,Ltd (GAC NIO) launched an all-new car brand dubbed HYCAN in Hangzhou, the capital of China’s Zhejiang Province, according to the automaker.
May 20 , 2019
- China sees 28% jump in April new energy PV wholesale volume
China’s new energy passenger vehicle (PV) wholesale volume in April reached 91,700 units, jumping 28% from a year ago, which was much more vigorous than the -17.4% growth for overall PV market, acco...
May 14 , 2019
- BYD’s April sales edge up 1.27% despite fuel-burning sales plunge
BYD Company Limited (BYD) reported that its April sales in 2019 slightly rose 1.27% over the year-ago period to 37,839 units. However, compared with the sales in March, it faced a double-digit dip of ...
May 10 , 2019
- Mercedes-Benz EQC Electric SUV Now In Production
Mercedes-Benz EQC just entered production in Bremen, Germany where it is assembled along with the conventional C-Class Saloon and Estate, as well as the GLC and GLC Coupé.
May 07 , 2019
- GAC Toyota to increase capacity by 400,000 NEVs per year with RMB11.329 billion investment
GAC Toyota, one of Toyota’s major joint ventures in China, is ready to plow RMB 11.329 billion (around $1.644 billion) into a program for new energy vehicle (NEV) capacity expansion, according to an...
May 07 , 2019
- Hainan Province to remove NEV local subsidy from June 26
The government of China’s Hainan Province recently announced that consumers who buy new energy vehicles (NEVs) with license (excluding buses and fuel cell vehicles) will no longer enjoy the subsidy ...
May 06 , 2019
- China’s Zotye Auto to roll out 10 plus NEV models by 2020
Zotye Auto, a China-based privately-owned automaker, plans to roll out over 10 NEV models by 2020 as part of its newly-launched NEV strategy targeting the next fifteen years, according to a press rele...
May 06 , 2019
- FAW Xiali to build NEV joint venture with startup Bordrin
Tianjin FAW Xiali Automobile Co., Ltd. (FAW Xiali) announced on April 29 that it has signed a framework agreement with the new energy vehicle (NEV) startup Nanjing Bordrin New Energy Vehicle Co., Ltd....
Apr. 30 , 2019
