EV
NIO likely to roll out ES8’s new variant with 400kw drive system
NIO likely to roll out ES8’s new variant with 400kw drive system

EV startup NIO filed an application for new powertrain version of the ES8.

Dec. 26 , 2019
PHEV market likely to peak in 2025 with 10-year boom
PHEV market likely to peak in 2025 with 10-year boom

China’s PHEV (plug-in hybrid electric vehicle) market is expected to grow in next five years and peak in 2025 with a 10-year boom, while fall from 2030 to 2035, said Ouyang Mingga.

Dec. 25 , 2019
Startup Enovate to boost charging deployment by teaming up with UNIEV
Startup Enovate to boost charging deployment by teaming up with UNIEV

On December 23, Startup Enovate, previously known as Dearcc, agreed a strategic cooperation with UNIEV, an online platform service provider to China’s EV industry, for NEV charging business, according to a post on UNIEV’s WeChat account.

Dec. 24 , 2019
Shareholder of Evergrande NEVS (Shanghai) to sell 20% stake
Shareholder of Evergrande NEVS (Shanghai) to sell 20% stake

Shanghai Songjiang Economic & Technological Development Group, one of the two shareholders of Evergrande NEVS (Shanghai), is going to transfer its 20% stake in Evergrande NEVS (Shanghai).

Dec. 16 , 2019
China’s homegrown new energy PV sales slide YoY for 5th month in a row
China’s homegrown new energy PV sales slide YoY for 5th month in a row

China’s automakers sold roughly 79,000 locally-produced new energy PVs (NEPVs, referring to all-electric PVs and plug-in hybrid PVs) in November, clocking a sharp decrease of 41.7% over a year ago, according to the China Passenger Car Association.

Dec. 16 , 2019
Sky-well New Energy Automobile, BAK Battery to ally on battery supply, NEV tech development
Sky-well New Energy Automobile, BAK Battery to ally on battery supply, NEV tech development

On December 12, Sky-well New Energy Automobile Group Co. Ltd (Sky-well) and Shenzhen BAK Power Battery Co., Ltd (BAK Battery) agreed to forge a long-term strategic partnership on new energy vehicle (NEV) development.

Dec. 13 , 2019