EV
39 local automakers need to buy NEV credits for 2017 sales
39 local automakers need to buy NEV credits for 2017 sales

During 2017, 99 domestic passenger vehicle companies produced a total of 21,730,000 passenger vehicles. 55 self-owned vehicle companies created 1,690,000 NEV credits in total.

Apr. 10 , 2018
BYD posts YoY sales growth of 21.8% in Q1
BYD posts YoY sales growth of 21.8% in Q1

BYD delivered 111,777 vehicles in the first quarter, among which 29,637 units are NEVs, according to the latest sales data released by BYD on Apr. 9.

Apr. 10 , 2018
BYD said to foray into rocket transportation area
BYD said to foray into rocket transportation area

BYD will reportedly cooperate with the China Academy of Launch Vehicle Technology in such areas as honeycomb structure, composite materials and light weight through communication and discussion.

Apr. 9 , 2018
NIO expects to have loss of RMB 5.1 billion in 2018
NIO expects to have loss of RMB 5.1 billion in 2018

NIO, one of China’s EV startups, plans to deliver 30,000 new vehicles and gain revenue of RMB 11.4 billion in 2018, but the startup also expects to have a loss of RMB 5.1 billion in 2018, according to the insiders from NIO.

Apr. 8 , 2018
NIO eve concept to debut at Auto China 2018
NIO eve concept to debut at Auto China 2018

It is reported that the NIO eve concept will make its debut at Auto China 2018. The new model, based on the designing idea of future transportation, will come with NOMI artificial intelligent system.

Apr. 4 , 2018
Sales growth of Chinese new energy PVs in first two months triples that of globe to 159% year on year
Sales growth of Chinese new energy PVs in first two months triples that of globe to 159% year on year

The China Passenger Car Association (CPCA) revealed on Apr. 3 that sales of Chinese NEV passenger vehicles soared 159% year on year to 61,000 units in the first two months this year.

Apr. 4 , 2018