EV
BAIC to ban sales, production of self-owned branded fossil fuel-powered vehicles in 2025
BAIC to ban sales, production of self-owned branded fossil fuel-powered vehicles in 2025

Xu Heyi, President of BAIC Group, said that the group will first restrict and finally ban the sale and production of those self-own branded traditional fossil fuel -powered vehicles which has no new energy technology.

Dec. 11 , 2017
Subsidies on commercial vehicles reduced as high as 40%
Subsidies on commercial vehicles reduced as high as 40%

The newly exposed 2018 NEV subsidy plan reveals that new energy buses still face the largest adjustments.

Dec. 8 , 2017
GAC Group, iFLYTEK sign strategic cooperation agreement to forge innovation of auto+internet
GAC Group, iFLYTEK sign strategic cooperation agreement to forge innovation of auto+internet

GAC Group released an announcement on the night of Dec.7, saying that they had signed a strategic cooperation agreement with iFLYTEK on such areas as intelligent human-computer interaction technology, on-board intelligent and AI technology,etc.

Dec. 8 , 2017
WM raises RMB 12 billion funding, led by Baidu Capital
WM raises RMB 12 billion funding, led by Baidu Capital

WM Motor, one of China's electric car startups, announced on Dec. 5 that it had finished a new round of financing. Led by Baidu Capital, the financing is also funded by Baidu Group and other organizations.

Dec. 6 , 2017
BYD power battery production to reach 16 GWh this year
BYD power battery production to reach 16 GWh this year

BYD total power battery production capacity will reach 16 gigawatt-hours (GWh) by the end of this year. Its lithium-iron phosphate (LFP) battery production will be up to 10 GWh while the rest is NMC/NCA battery.

Dec. 6 , 2017
Lanzhou Zhidou BEV models approved by MIIT
Lanzhou Zhidou BEV models approved by MIIT

Ministry of Industry and Information Technology (MIIT) released Catalogue of Recommended Vehicle Models for the Promotion and Application of New Energy Vehicles, which listed 165 vehicle types from 79 auto companies.

Dec. 5 , 2017