EV
JAC receives government subsidies of RMB 392 million in 2017
JAC receives government subsidies of RMB 392 million in 2017

JAC Motors announced that the company, along with its subsidiaries received at total of RMB 392 million subsidies in 2017, RMB 227 million of which was pertinent to income.

Jan. 15 , 2018
NEV subsidies likely to decrease ahead of schedule in May
NEV subsidies likely to decrease ahead of schedule in May

It is rumored that the reduction of NEV subsidies will be implemented ahead of schedule. As is said, the reduction program of NEV subsidy will be published by the end of January and will take effect on May 1.

Jan. 15 , 2018
Sitech to release one new model annually from 2018 to 2021
Sitech to release one new model annually from 2018 to 2021

In recent days, Sitech Electric Motor, a Chinese EV startup based in Guizhou Province, launched its global strategic deployment and also unveiled its brand at CES 2018.

Jan. 12 , 2018
BAIC BJEV delivers 103,199 NEVs in 2017 with YoY surge of 98%
BAIC BJEV delivers 103,199 NEVs in 2017 with YoY surge of 98%

On Jan. 9, BAIC BJEV announced that its annual sales surged 98% year on year to 103,199 units, making BAIC BJEV the first pure electric vehicle manufacturer with an annual output and sales exceeding 100,000 units.

Jan. 10 , 2018
2018 to see China NEV market transformation into market-driven one
2018 to see China NEV market transformation into market-driven one

CPCA drew a conclusion that China NEV market would undergo a transition period from one stimulated by government’s policies to one driven the market itself in 2018.

Jan. 10 , 2018
BYD’s 300,000th EV rolls off the production line
BYD’s 300,000th EV rolls off the production line

On Jan. 9, BYD’s 300,000th EV rolled off the production line, not only signifying a big milestone in NEV segment for BYD, but also reflecting the popularity of BYD’s EVs.

Jan. 9 , 2018