National New Energy Vehicle Co., Ltd. (the NEV Company),a subsidiary of National Electric Vehicle Sweden AB(NEVS), was granted the certificate to produce all-electric vehicles by the MIIT on November 5.
Nov. 5 , 2018
Chinese EV startup WM Motor and China Tower, a state-owned wireless infrastructure owner, signed a strategic cooperation agreement on October 31 that focuses on the cascade utilization and recycling of new energy vehicle (NEV) power batteries.
Nov. 2 , 2018
Chinese automaker GAC Group announced on October 31 that it has agreed GAC Honda to invest RMB2.99 billion in building a new NEV (new energy vehicle) plant with an annual capacity of 120,000 units, according to local media.
Nov. 1 , 2018
On October 16, China revealed the plans on turning the southern island province of Hainan into a free trade zone (FTZ), clearly saying that the caps on foreign ownership in the NEV (new energy vehicle) sector will be removed in the future.
Oct. 18 , 2018
Baoneng Group and Kunshan municipal government, Jiangsu province, signed a range of investment cooperation agreements on October 16, which includes the program of building a NEV (new energy vehicle) base in Kunshan.
Oct. 17 , 2018
The Lifan 820EV, a BEV model developed by Chinese automaker Lifan Motors, officially went on sales in recent days. The price for the new model ranges between RMB256,800 to RMB279,800 before the subsidy is given to consumers.
Oct. 16 , 2018