EV
NIO Inc. Provides November 2020 Delivery Update
NIO Inc. Provides November 2020 Delivery Update

NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today provided its November 2020 delivery results.

Dec. 1 , 2020
China rolls out 37.585 billion yuan NEV subsidy scheme for 2021
China rolls out 37.585 billion yuan NEV subsidy scheme for 2021

China’s central government has issued a total of 37.585 billion yuan (about $5.716 billion) of subsidies in 2021 for energy-saving and emission reduction projects, according to the Ministry of Finance (MOF).

Nov. 30 , 2020
October 2020 update of top 5 Chinese EV startups’ insurance registrations
October 2020 update of top 5 Chinese EV startups’ insurance registrations

In October, consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for roughly 124,600 homegrown new energy passenger vehicles (NEPVs), representing a robust year-on-year surge of 153.01%.

Nov. 29 , 2020
Xpeng Motors launches P7’s new flagship version at Auto Guangzhou 2020
Xpeng Motors launches P7’s new flagship version at Auto Guangzhou 2020

Xpeng Motors launched the new flagship version “Pengyi” of its P7 electric coupe at the Auto Guangzhou 2020 kicking off on Nov. 20. Its guiding prices range from 366,900 yuan ($55,803) and 409,900 yuan ($62,343) after subsidy.

Nov. 20 , 2020
Tesla builds sales service company in Hefei
Tesla builds sales service company in Hefei

U.S. EV manufacturer Tesla has recently set up a new sales service company in Hefei, the capital of Anhui province, according to the corporate data platform Tianyancha.

Nov. 19 , 2020
Dongfeng’s premium brand to introduce first mid-large SUV model
Dongfeng’s premium brand to introduce first mid-large SUV model

The model is expected to hit the market in the third quarter of next year.

Nov. 18 , 2020