FAW-Toyota prepared to construct a new plant with annual capacity of 200,000 NEV in Tianjin, a local media outlet reported on Feb. 27, for the second time expanding NEV capacity since 2018.
Feb. 27 , 2020
In January 2020, 5,946 consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicle (MLI) for EVs made by Chinese startups, according to the China Insurance Regulatory Commission.
Feb. 26 , 2020
The HYCAN 007, the first mass-produced model under HYCAN, has been brought into a catalogue issued by China’s MIIT, meaning the all-electric model has been allowed to enjoy the state’s NEV subsidy and been exempted from vehicle purchase tax.
Feb. 20 , 2020
NIO will issue and sell convertible notes in an aggregate principal amount of US$70 million to an unaffiliated Asia based investment fund through a private placement.
Feb. 6 , 2020
China’s top electric vehicle battery maker CATL confirmed on Feb. 3 its partnership with EV manufacturer Tesla, which previously revealed the former has joined the lineup of its battery suppliers.
Feb. 3 , 2020