EV
BYD suffered MoM sales drop of 37.9% in February
BYD suffered MoM sales drop of 37.9% in February

BYD delivered 26,273 vehicles in February, slumping 37.9% month on month. Among them, sales of new energy vehicles reached 8,357 units with a month-on-month growth of 14%.

Mar. 8 , 2018
Great Wall Motor to invest RMB 20 billion for EV development by 2020
Great Wall Motor to invest RMB 20 billion for EV development by 2020

Great Wall Motor aims to sell 2 million vehicles in 2025, and 700,000 units of the total volume are expected to be electric vehicles. Its president also added that her company would like to invest RMB 20 billion by 2020 to develop electric vehicles.

Mar. 8 , 2018
BAIC to build 3,000 battery swapping stations by 2020
BAIC to build 3,000 battery swapping stations by 2020

The battery swapping service can alleviate the difficulties brought by the construction of charging piles, Xu Heyi, chairman of BAIC Group said in an interview on the sidelines of the two sessions in 2018.

Mar. 8 , 2018
BAIC chairman suggests stepping efforts on development of EV charging infrastructure
BAIC chairman suggests stepping efforts on development of EV charging infrastructure

Xu Heyi, secretary of party committee and chairman of BAIC Groupmade proposals during the two sessions (the NPC and CPPCC) that China should attach greater importance to improving NEV infrastructure.

Mar. 5 , 2018
China establishes national NEV technology innovation center
China establishes national NEV technology innovation center

China has established a national new energy vehicle (NEV) technology innovation center to boost the development of NEV industry. This is the second national technology innovation center. The other one is for high-speed rail.

Mar. 2 , 2018
Xpeng welcomes chairman of JP Morgan Asia Pacific investment banking
Xpeng welcomes chairman of JP Morgan Asia Pacific investment banking

Brian Gu (Hongdi Gu), chairman of Asia Pacific investment banking of JP Morgan, will officially join Xpeng as vice chairman and president, reporting directly to He Xiaopeng, founder and chairman of Xpeng.

Mar. 2 , 2018