EV
GAC Group plans to set up JVs with CATL
GAC Group plans to set up JVs with CATL

GAC Group announced that it plans to sign a joint venture operation contract with Contemporary Amperex Technology Limited (CATL) on July 19 in Guangzhou.

Jul. 19 , 2018
CATL sees significant improvement for Q2 net profit, compared with Q1
CATL sees significant improvement for Q2 net profit, compared with Q1

CATL’s net profit attributable to shareholders of the parent company is expected to reach RMB 883.7616 million to RMB 938.4272 million in the first half of 2018, slumping 48.19% to 52.2% compared to the same period last year.

Jul. 18 , 2018
Installed capacity of power battery reaches 2.87GWh in June
Installed capacity of power battery reaches 2.87GWh in June

China’s installed capacity of power battery for new energy vehicles (NEV) reached 2.87GWh in June, leaping 33.58% year on year while sliding 36.57% month on month.

Jul. 17 , 2018
Tesla announces establishment of technology innovation center in Beijing
Tesla announces establishment of technology innovation center in Beijing

Tesla (Beijing) Science and Technology Innovation Center was established in Beijing, mainly specializing in the R&D of electric vehicle, parts and accessories, batteries, energy storage device as well as information technologies.

Jul. 13 , 2018
China June new energy PV sales leap 74% year on year to 71,660 units
China June new energy PV sales leap 74% year on year to 71,660 units

The China Passenger Car Association(CPCA) reported China’s new energy vehicle (NEV) sales of 71,660 units in June, leaping 74% year on year, while declining 22% month on month.

Jul. 12 , 2018
BYD tops 220,000 vehicles in H1 with NEV sales soaring 106% year on year
BYD tops 220,000 vehicles in H1 with NEV sales soaring 106% year on year

BYD deliveries advanced 21% year on year to 220,883 units in the first half of this year.

Jul. 11 , 2018