EV
Minister of MIIT: NEV production and sales this year are expected to grow 30%
Minister of MIIT: NEV production and sales this year are expected to grow 30%

New energy vehicle sales have been recovering by the third quarter, with the total sales volume growing 30% year-on-year. Currently, the monthly production and sales volumes are nearly 80,000 units

Oct. 20 , 2017
China should be first to ban sales of fossil-fuel-powered vehicle
China should be first to ban sales of fossil-fuel-powered vehicle

If Changan’s schedule to stop the sale of fuel vehicle in 2025 is carried out by the whole country, China will be the first economic power to ban the traditional fuel vehicles.

Oct. 20 , 2017
BAIC president: China’s annual NEV sales and output will reach 3 million by 2020
BAIC president: China’s annual NEV sales and output will reach 3 million by 2020

Xu Heyi, chairman of the state-owned carmaker BAIC Group, said that China branded new energy vehicles (NEV) will be in the upper echelon of the global auto market by 2035.

Oct. 20 , 2017
UPDATE-Magna sets e-powertrain joint venture with Huayu Automotive Systems
UPDATE-Magna sets e-powertrain joint venture with Huayu Automotive Systems

On October 18, Magna signed a joint-venture agreement with Huayu Automotive Systems Co., Ltd., (HASCO,600741.SH), a subsidiary of SAIC Motor.

Oct. 19 , 2017
EVE plans to establish high-performance lithium-manganese battery project in Jingmen
EVE plans to establish high-performance lithium-manganese battery project in Jingmen

EVE plans to establish high-performance lithium-manganese battery project in Jingmen with total investment of RMB 500 million

Oct. 19 , 2017
Magna sets e-powertrain joint venture with Huayu Automotive Systems
Magna sets e-powertrain joint venture with Huayu Automotive Systems

Magna signed a joint-venture agreement with Huayu Automotive Systems Co., Ltd., a subsidiary of SAIC Motor.

Oct. 18 , 2017