The dual-credit policy for passenger vehicle companies went into force on Apr. 1. The scheme targets automakers who produce more than 30,000 vehicles annually.
Apr. 3 , 2018
Youxia Motors announced the completion of RMB 5 billion B-round funding on Mar. 31, which was jointly invested by 12 venture capital institutions, including Qianhai Mergers and Acquisition Funds, SINOEP and China Fortune Ocean.
Apr. 3 , 2018
Geely will make further deployment in NEV field and shape a product lineup with almost 40 NEV models by 2020. It will release 3 NEV models in 2018.
Apr. 2 , 2018
WM Motor’s first pure electric SUV model, the EX5 rolled off the production line on Mar. 28.
Mar. 28 , 2018
BYD earned revenue of RMB 105.915 billion in 2017, up 2.36% on an annual basis, according to BYD’s 2017 financial report released on Mar. 28.
Mar. 28 , 2018
On Mar. 26, Denza, the JV brand between BYD Auto and Daimler AG, launched an all-new Denza 500.
Mar. 27 , 2018