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 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 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
Li Shufu, delegate to NPC and chairman of Zhejiang Geely Holding Group Co., Ltd delivered proposals during the two sessions. One of them is about developing liquid solar economy to promote the marketization of methanol-fueled vehicles.
Mar. 6 , 2018
Xu Heyi, secretary of party committee and chairman of BAIC Groupmade proposals during the two sessions (the NPC and CPPCC) that China should attach greater importance to improving NEV infrastructure.
Mar. 5 , 2018
China has established a national new energy vehicle (NEV) technology innovation center to boost the development of NEV industry. This is the second national technology innovation center. The other one is for high-speed rail.
Mar. 2 , 2018