EV
Leading Ideal honored fastest startup in delivering 10,000th vehicle
Leading Ideal honored fastest startup in delivering 10,000th vehicle

The 10,000th Leading Ideal One SUV, the first mass-produced model developed by Leading Ideal, was handed over on June 16 to a consumer at the startup’s Changshu plant, only six and a half months after the delivery kicked off.

Jun. 16 , 2020
GAC NE’s Aion V BEV hits market with post-subsidy price starting at 159,600 yuan
GAC NE’s Aion V BEV hits market with post-subsidy price starting at 159,600 yuan

GAC NE, GAC Group’s wholly-owned BEV-focused subsidiary, will launch its third mass-produced model, the Aion V, into the market through online platform on June 16.

Jun. 16 , 2020
Tesla permitted to produce LFP battery-powered Model 3 in China
Tesla permitted to produce LFP battery-powered Model 3 in China

Tesla has received governmental approval to locally build in China the Model 3 vehicles powered by lithium iron phosphate (LFP) batteries, a catalogue issued by China’s Ministry of Industry and Information Technology (MIIT) showed.

Jun. 12 , 2020
NIO Inc. Provides May 2020 Delivery Update
NIO Inc. Provides May 2020 Delivery Update

NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today provided its May 2020 delivery results.

Jun. 4 , 2020
Shareholder of Evergrande NEVS (Shanghai) sells 20% stake
Shareholder of Evergrande NEVS (Shanghai) sells 20% stake

20% stake of Evergrande NEVS (Shanghai) has been transferred with a final transaction price of RMB 443 million.

Jun. 3 , 2020
Xpeng Motors plows 10 mln yuan in founding new sales & service subsidiary
Xpeng Motors plows 10 mln yuan in founding new sales & service subsidiary

Chinese EV startup Xpeng Motors founded a sales & service subsidiary on May 26 which involves a registered capital of 10 million yuan ($1,401,090), according to the business data search platform Tianyancha.

Jun. 1 , 2020