EV
BYD sees 20% net profit drop in 2017
BYD sees 20% net profit drop in 2017

BYD released its 2017 financial results on Feb. 26, showing that the carmaker posted a YoY revenue growth of 2.34% to RMB 105.89 billion in 2017. However, the net profit attributable to the shareholders of listed companies reached RMB 4.06 billion, f

Feb. 27 , 2018
Zhongli adds investment in Shenzhen BAK Power Battery
Zhongli adds investment in Shenzhen BAK Power Battery

Jiangsu Zhongli Group announced that it has signed letter of intent with Shenzhen BAK Battery and a company in Tibet to acquire their stakes in Shenzhen BAK Power Battery.

Feb. 27 , 2018
Sokon to launch intelligent NEV brand in March
Sokon to launch intelligent NEV brand in March

Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon) announced on Feb. 23 that the company’s intelligent NEV brand will be launched in March.

Feb. 27 , 2018
Dongfeng Peugeot Citroen to release new self-owned models
Dongfeng Peugeot Citroen to release new self-owned models

Dongfeng Peugeot Citroen Automobile Company LTD (DPCA) will set up a self-owned JV brand dubbed Fukang New Generation, according to Su Weibin, general manager of the company.

Feb. 24 , 2018
Analysis of 2018 national NEV policy
Analysis of 2018 national NEV policy

The 2018 national NEV subsidy policy was announced recently.

Feb. 23 , 2018
Didi,TELD establish JV to march into charging service of EV-hailing market
Didi,TELD establish JV to march into charging service of EV-hailing market

TGOOD announced on Feb. 22 that its wholly-owned subsidiary, TELD signed a JV agreement with Huidi, a subsidiary of Didi Chuxing, to establish Xiaoju TELD (Qingdao) New Energy Co., Ltd.

Feb. 23 , 2018