The automaker’s 2018 annual sales target of 150,000 units is within reach and BAIC BJEV aims to sell 220,000 new energy vehicles in 2019, Li Xiuyi, vice general manager of the automaker said at a conference.
Dec. 17 , 2018CATL, a China-based vehicle and energy storage battery maker, announced on December 14 that its board of directors has agreed CATL-GAC Power Battery Co.,Ltd (CATL-GAC) to invest around RMB4.226 billion in a power battery base program.
Dec. 17 , 2018Chinese EV startup XPENG Motors plans two new models based on the A and B platform for its intelligent-connected technology industrial park located in Zhaoqing, Guangdong Province.
Dec. 14 , 2018Volkswagen is ambitious to build 1 million new energy vehicles (NEVs) per year in China by 2025. Consumers will have wide choice of BEV versions and all new models are expected to be fully connected from 2019 on.
Dec. 11 , 2018WEY plans to release its first hydrogen-powered vehicle model in 2020 and formally launch fuel-cell volume production model in 2022, aiming to making NEV sales account for 50% of the brand’s overall sales by 2030.
Dec. 11 , 2018Buick is going to have two NEV models code-named K226 and K228 locally produced in China with a total annual capacity of 88,000 units, according to local media. Meanwhile, the annual capacity of the Buick Excelle will be decreased by 88,000 units.
Dec. 4 , 2018










