EV
China NEV ownership reaches 1.99 million units in H1
China NEV ownership reaches 1.99 million units in H1

By the end of June, China’s NEV parc totaled 1.99 million units, according to the data released by the Traffic Management Bureau of the Ministry of Public Security.

Jul. 24 , 2018
DearCC closes RMB 2 bln pre-A round funding
DearCC closes RMB 2 bln pre-A round funding

DearCC, China’s EV startup, announced that it has closed RMB 2 billion pre-A funding round in the first half of 2018, and started to raise Series A funding round.

Jul. 24 , 2018
BAIC to stop making fuel-powered vehicles by July 31 in Beijing
BAIC to stop making fuel-powered vehicles by July 31 in Beijing

Xu Heyi, chairman of BAIC Group, disclosed that BAIC Group will fully stop producing traditional fuel-powered vehicles in Beijing by July 31.

Jul. 24 , 2018
Another seven NIO Houses to open by end of September
Another seven NIO Houses to open by end of September

It is revealed that NIO will open seven new NIO Houses by the end of September. Specifically, the NIO House in Xihu, Hangzhou, Shanghai center and Shenzhen, Guangzhou Province will be opened on July 21, July 28 and Aug. 5.

Jul. 20 , 2018
Patent images of Geely Global Hawk pure electric vehicle exposed
Patent images of Geely Global Hawk pure electric vehicle exposed

A range of the patent images of the Geely Global Hawk K23 recently were exposed. Positioned as a pure electric vehicle model, the model is likely to be named K23 from the badge at the rear end.

Jul. 19 , 2018
GAC Group plans to set up JVs with CATL
GAC Group plans to set up JVs with CATL

GAC Group announced that it plans to sign a joint venture operation contract with Contemporary Amperex Technology Limited (CATL) on July 19 in Guangzhou.

Jul. 19 , 2018