EV
Update of BYD Han EV flagship sedan
Update of BYD Han EV flagship sedan

The BYD Han EV passed the moose test at 80km/h+, and boasts a world’s leading 100km/h-0 braking distance of 32.8 meters.

Apr. 28 , 2020
Xpeng P7 launches in China NEDC 706km Super-long range smart EV at RMB 229,900 – 349,900 post subsidies
Xpeng P7 launches in China NEDC 706km Super-long range smart EV at RMB 229,900 – 349,900 post subsidies

Xpeng Motors, a leading Chinese electric vehicle and technology company, today announced the launch of its P7 super-long range, high-performance, fast-charging intelligent EV sports sedan, its second production model.

Apr. 28 , 2020
Lexus’ first all-electric model UX300e hits the market on April 26
Lexus’ first all-electric model UX300e hits the market on April 26

The Lexus UX300e, the upmarket Japanese brand’s first foray into the realm of all-electric vehicles, officially went on sale in China on April 26. Guiding prices of its two variants sit between RMB362,000 and RMB385,000.

Apr. 27 , 2020
China extends NEV subsidies to 2022 with slower phase-out pace
China extends NEV subsidies to 2022 with slower phase-out pace

China will extend subsidies for NEV purchases to 2020, which were supposed to be stopped by the end of this year.

Apr. 23 , 2020
Gotion High-Tech denies rumor of introducing Volkswagen as biggest shareholder
Gotion High-Tech denies rumor of introducing Volkswagen as biggest shareholder

Gotion High-Tech, China’s No.3 battery maker, once again clarified the rumor saying the German automobile giant Volkswagen Group is set to become one of its main shareholders.

Apr. 23 , 2020
China announces purchase tax exemption for NEVs bought from 2021 to 2022
China announces purchase tax exemption for NEVs bought from 2021 to 2022

China has decided to exempt the vehicle purchase tax on new energy vehicles (NEVs) purchased from Jan. 1, 2021 to Dec. 31, 2022.

Apr. 22 , 2020