EV
GAC NIO's HYCAN 007 seen in six body colors
GAC NIO's HYCAN 007 seen in six body colors

HYCAN, the NEV brand co-founded by GAC Group and NIO, unveiled on March 25 the six body colors of its first production model HYCAN 007.

Mar. 26 , 2020
Geely-backed NEV brand Maple unveils first production model Maple 30X
Geely-backed NEV brand Maple unveils first production model Maple 30X

Maple, a NEV brand backed by Geely Technology Group, unveiled the look of its first production EV model, the Maple 30X, which rolled off the production line on Jan. 13 and is said to be launched in April this year.

Mar. 25 , 2020
Startup REECH AUTO introduces government-backed firm as majority shareholder
Startup REECH AUTO introduces government-backed firm as majority shareholder

REECH AUTO has introduced a new shareholder backed by Henan provincial government, making it the first Chinese EV startup held by government-owned investor.

Mar. 24 , 2020
BYD announces foundation of five auto parts subsidiaries
BYD announces foundation of five auto parts subsidiaries

BYD recently announced the establishment of five subsidiaries, in a bid to speed up the sale of NEV-related core components.

Mar. 16 , 2020
BYD for the second time receive NEV subsidy in March
BYD for the second time receive NEV subsidy in March

BYD Company Limited said on March 10 the Xi’an Finance Bureau will allocate to its subsidiary BYD Automobile Co.,Ltd RMB1,983,510,000 of central government subsidy for new energy vehicle (NEV) promotion that occurred in 2018.

Mar. 11 , 2020
NIO delivers 707 vehicles in February 2020
NIO delivers 707 vehicles in February 2020

NIO delivered 707 vehicles in February 2020, consisted of 671 ES6s, the Company’s 5-seater high-performance premium electric SUV, and 36 ES8s, the Company’s 7-seater high-performance premium electric SUV and its 6-seater variant.

Mar. 10 , 2020