EV
William Li holds lower percentage of shares in NIO
William Li holds lower percentage of shares in NIO

William Li, founder and chairman of NIO, holds more shares in the New York-listed EV startup while the percentage slightly decreased, according to a document file to the U.S. Securities and Exchange Commission (SEC) earlier this week.

Apr. 17 , 2020
All-new NIO ES8 SUV rolls off the production line, delivery to begin on April 19
All-new NIO ES8 SUV rolls off the production line, delivery to begin on April 19

On April 15, the mass-produced vehicle of NIO’s all-new ES8 flagship electric SUV formally rolled off the production line at the JAC-NIO Advanced Manufacturing Center in Hefei, according to a post on NIO’s WeChat account.

Apr. 16 , 2020
Geely-backed affordable NEV brand Maple starts presale of first model Maple 30x
Geely-backed affordable NEV brand Maple starts presale of first model Maple 30x

Maple, a NEV brand backed by Geely Technology Group, was formally launched on April 10 with the presale of its first model, the Maple 30x, kicking off at the same time.

Apr. 13 , 2020
China to lower threshold of market access for NEV manufacturers
China to lower threshold of market access for NEV manufacturers

China’s is to ease the admission regulation over new energy vehicle (NEV) manufacturers and their product production to invigorate the market.

Apr. 7 , 2020
Shanghai streamlines procedures for NEV users getting license plates
Shanghai streamlines procedures for NEV users getting license plates

Shanghai has simplified the operational procedures for consumers to get their NEVs licensed, in a bid to help the industry weather the coronavirus-hit period and further popularize NEVs.

Apr. 3 , 2020
Chinese home appliance producer Midea said to tap NEV field
Chinese home appliance producer Midea said to tap NEV field

Chinese home appliance giant Midea Group will spend RMB740 million to control 23.73% of voting shares in Beijing-based variable frequency drive supplier Hiconics Eco-energy Technology (Hiconics).

Apr. 2 , 2020