EV
Patent image of Hongqi’s first pure electric SUV, E-HS3 exposed
Patent image of Hongqi’s first pure electric SUV, E-HS3 exposed

Hongqi unveiled its first pure electric SUV, the E-HS3 at Auto China 2018. Recently, the patent image of the new model was unveiled. As a compact entry-level SUV, the new model will hit the market within this year.

May 17 , 2018
Geely's first pure electric crossover SUV exposed to have expected range of over 400km
Geely's first pure electric crossover SUV exposed to have expected range of over 400km

Geely exposed the pictures of its first electric crossover model, the Emgrand GSe in recent days. Based on the gasoline version of the Emgrand GS, the new model’s range is likely to exceed 400km.

May 16 , 2018
Tesla sets up wholly-owned subsidiary in Shanghai
Tesla sets up wholly-owned subsidiary in Shanghai

Tesla Motor Shanghai Limited gained the operating license approved by the Market Supervision Administration of Shanghai Pudong New Area on May 10.

May 14 , 2018
BYD’s new energy passenger vehicle sales soar 117% year on year in April
BYD’s new energy passenger vehicle sales soar 117% year on year in April

BYD delivered 37,363 vehicles in April with a MoM slide of 13.4% in April, according to BYD’s April report released on May 9. However, its cumulative sales reached 149,140 units till April.

May 9 , 2018
Dearcc aims to deploy entire NEV industrial chain with RMB 2.5 billion
Dearcc aims to deploy entire NEV industrial chain with RMB 2.5 billion

Dearcc and Uni-Power Group, one of China’s class-leading science & technology finance company, recently signed an agreement on establishing a new energy industrial development fund, which has a management fund scale of more than RMB 2.5 billion.

May 8 , 2018
Lifan plans to raise RMB 2.48 billion in NEV segment
Lifan plans to raise RMB 2.48 billion in NEV segment

On May 6, Lifan Motors revealed its plan to issue no more than 261 million non-public stock shares to less than ten specified investors, aiming to raise a total of RMB 2.48 billion for the development of NEVs.

May 8 , 2018