Its board of directors and board of shareholders have approved the company’s restructuring plan.
Oct. 14 , 2020
In September, China’s locally-produced new energy passenger vehicle (NEPV) wholesale volume exceeded 125,000 units, skyrocketing 99.6% from a year ago and jumping 24.1% from a month ago, according to the China Passenger Car Association (CPCA).
Oct. 14 , 2020
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
The China-made Tesla Model Y SUV is expected to roll off the production line at the Gigafactory Shanghai at the end of this year and is likely to be delivered from the first half of 2021, according to a Chinese local media outlet.
Oct. 10 , 2020
NIO, Xpeng, Li Auto and WM Motor all achieved new high in deliveries of the third quarter of this year.
Oct. 10 , 2020
Chinese policymaker formally highlights the efforts to strengthen the construction of such infrastructures as battery swapping and hydrogen refueling facilities.
Oct. 10 , 2020