On Dec. 29, the first batch of Mobike sharing NEVs hit the road in Guizhou, Guangxi Province.
Jan. 2 , 2018
On Dec.28, 2017, the first batch of mass produced hydrogen-powered city buses co-developed by Wuhan Skywell New Energy Automotive Company and Wuhan Tiger Fuel Cell Vehicle Co., Ltd. were launched in Wuhan, capital of Hubei Province.
Jan. 2 , 2018
NIO signed a strategic cooperation framework agreement with Southern Heshun Electric Vehicle Service Co., Ltd. (hereinafter referred to as Heshun), a subsidiary of China Southern Power Grid, on Dec. 27.
Dec. 29 , 2017
GAC Group announced on the evening of Dec. 27 that it will team up with NIO to jointly set up a new JV, GAC NIO New Energy Automotive Co., Ltd.
Dec. 28 , 2017
The registered capital of the JV totaled RMB 500 million, among which BYD has 49 percent stake, Qinghai Salt Lake 49.5 and the rest belongs to the investment firm.
Dec. 28 , 2017
China’s Ministry of Finance announced on Wednesday that the new energy vehicle (NEV) purchasing tax exemption will be continued for another 3 years, from the first day of 2018 to the end of 2020.
Dec. 27 , 2017