EV
Securities firm says China-made Tesla Model Y expected to be priced at RMB275,000
Securities firm says China-made Tesla Model Y expected to be priced at RMB275,000

The starting price of the China-made Model Y is expected to be down to RMB275,000 (about 40,920 dollars) when the price of the China-made Model 3 is set at RMB250,000.

Oct. 16 , 2020
Tesla to launch NEV innovation center in Hainan Free Trade Zone
Tesla to launch NEV innovation center in Hainan Free Trade Zone

Tesla is ready to set up a new energy vehicle innovation center in Hainan, China’s southernmost province and deploy its superchargers around the island province, one of 46 key investment projects signed by Hainan FTP on October 13.

Oct. 15 , 2020
BAIC BJEV September sales fall 77.57% year on year
BAIC BJEV September sales fall 77.57% year on year

Last month, the automaker sold 2,245 vehicles, a 77.57% decrease compared with the same period of last year.

Oct. 15 , 2020
EV startup Enovate bags 5 billion yuan in new financing round
EV startup Enovate bags 5 billion yuan in new financing round

Enovate has banked 5 billion yuan ($741,146,950) in a new financing round, which is led by local government industry guidance funds and large-scale state-run banks, the Chinese EV startup announced on October 14 via its WeChat account.

Oct. 14 , 2020
FAW Group, Audi to set up NEV joint venture in China
FAW Group, Audi to set up NEV joint venture in China

Both sides will set up a NEV joint venture to make battery electric vehicles based on the Premium Architecture Electrification (PPE) platform in China.

Oct. 13 , 2020
Tesla sells 11,329 China-made vehicles in September
Tesla sells 11,329 China-made vehicles in September

Tesla sold 11,329 China-made vehicles in China in September

Oct. 13 , 2020