EV
Name of JAC, Volkswagen’s electric vehicle brand exposed
Name of JAC, Volkswagen’s electric vehicle brand exposed

The electric vehicle brand co-built by JAC and Volkswagen is expected to be named as Sihao, according to local media.

Mar. 13 , 2018
CATL reports YoY net profit growth of 31.4% in 2017
CATL reports YoY net profit growth of 31.4% in 2017

In the latest three years, Contemporary Amperex Technology Co., Limited (CATL) achieved fast growth in revenue, net profit and assets scale, according to the company’s latest prospectus.

Mar. 13 , 2018
Sokon plans to add investment in SF Motors
Sokon plans to add investment in SF Motors

Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon) announced on Mar. 10 that the company plans to add investment in its wholly-owned subsidiary SF Motors.

Mar. 13 , 2018
New energy passenger vehicles see YoY sales surge of 76% in February
New energy passenger vehicles see YoY sales surge of 76% in February

In February, China saw a remarkable YoY surge of 76% in new energy passenger vehicle sales to 29,150 units. However, it underwent a slight sales drop of 7% compared with January, according to the data released by the China Passenger Car Association.

Mar. 9 , 2018
BYD suffered MoM sales drop of 37.9% in February
BYD suffered MoM sales drop of 37.9% in February

BYD delivered 26,273 vehicles in February, slumping 37.9% month on month. Among them, sales of new energy vehicles reached 8,357 units with a month-on-month growth of 14%.

Mar. 8 , 2018
Great Wall Motor to invest RMB 20 billion for EV development by 2020
Great Wall Motor to invest RMB 20 billion for EV development by 2020

Great Wall Motor aims to sell 2 million vehicles in 2025, and 700,000 units of the total volume are expected to be electric vehicles. Its president also added that her company would like to invest RMB 20 billion by 2020 to develop electric vehicles.

Mar. 8 , 2018