EV
BYD's revenue reaches RMB 28.895 billion in the third quarter
BYD's revenue reaches RMB 28.895 billion in the third quarter

BYD achieved a revenue of RMB 28.895 billion in the third quarter ended Sept. 30, with a year-on-year growth of 3.76 percent. In the July-to-September period, the profit attributable to the shareholders of the listed company was RMB 1.069 billion.

Oct. 31 , 2017
CRRC transfers 51% share of CRRC TEV with RMB 926 million
CRRC transfers 51% share of CRRC TEV with RMB 926 million

On Oct. 27, CRRC released a statement, saying that its wholly owned subsidiary, CRRC Zhuzhou Institute planned to transfer 51% share of CRRC TEV to CRRC's holding company by agreement with RMB 926.4002 million.

Oct. 31 , 2017
JMC NEV new base begins construction with a total investment of RMB 12 billion
JMC NEV new base begins construction with a total investment of RMB 12 billion

JMCG NEV new base and engineering research institute are important parts in JMCG’s layout for NEV R&D, manufacturing, sales and intelligent transportation.

Oct. 30 , 2017
Great Wall plans to unveil first FCEV in 2022
Great Wall plans to unveil first FCEV in 2022

Tobias Brunner, Great Wall Motor’ s vice president revealed that the automaker has been working on XEV program. XEV stands for different kinds of new energy and the automaker carries out simultaneously the development work on PHEV, BEV and FCEV.

Oct. 26 , 2017
Dongfeng becomes a shareholder of CATL
Dongfeng becomes a shareholder of CATL

Weidong Liu, vice general manager of Dongfeng Automobile, publicly said that the automaker had become a shareholder of Contemporary Amperex Technology Limited (CATL)

Oct. 26 , 2017
Dual-credit policy shows great challenges on domestic self-independent brands
Dual-credit policy shows great challenges on domestic self-independent brands

Fu Yuwu, Chairman of SAE-China (Society of Automotive Engineers of China) believes that the double-credit policy will have the largest impact on the auto industry among all domestic auto policies.

Oct. 25 , 2017