EV
BYD sets up joint venture with Faurecia
BYD sets up joint venture with Faurecia

BYD and Faurecia announced the establishment of a joint venture. Named Shenzhen Faurecia Automotive Parts Co., Ltd., the new joint venture will focus on developing and manufacturing advanced seating solutions for BYD-affiliated OEM brand.

Nov. 1 , 2017
Zhejiang constructs solar road providing electricity for EVs
Zhejiang constructs solar road providing electricity for EVs

A solar road with global maximum load is completed in the park of Shaoxing Lanting Solar Energy Scientific and Technological Company Ltd., Zhejiang Province.

Oct. 31 , 2017
BYD's revenue reaches RMB 28.895 billion in the third quarter
BYD's revenue reaches RMB 28.895 billion in the third quarter

BYD achieved a revenue of RMB 28.895 billion in the third quarter ended Sept. 30, with a year-on-year growth of 3.76 percent. In the July-to-September period, the profit attributable to the shareholders of the listed company was RMB 1.069 billion.

Oct. 31 , 2017
Baoneng Group invests RMB 14b to launch NEV project
Baoneng Group invests RMB 14b to launch NEV project

Currently, Hangzhou Fuyang District government signed a cooperative agreement with Baoneng Group, Hangzhou Xintiandi Group on a NEV project with the annual capacity of 300,000 units and Xintiandi City Complex Project.

Oct. 27 , 2017
Zotye’s net profit of first three quarters soars over tenfold year over year
Zotye’s net profit of first three quarters soars over tenfold year over year

the company’s revenue for this year was RMB 11.595 billion, surging 831.13 percent. The net profit for this period was RMB 0.48 billion, increasing almost tenfold over the same period of last year.

Oct. 27 , 2017
Great Wall plans to unveil first FCEV in 2022
Great Wall plans to unveil first FCEV in 2022

Tobias Brunner, Great Wall Motor’ s vice president revealed that the automaker has been working on XEV program. XEV stands for different kinds of new energy and the automaker carries out simultaneously the development work on PHEV, BEV and FCEV.

Oct. 26 , 2017