Chinese automaker GAC Group announced on October 31 that it has agreed GAC Honda to invest RMB2.99 billion in building a new NEV (new energy vehicle) plant with an annual capacity of 120,000 units, according to local media.
Nov. 1 , 2018
Changan Automobile announced on October 19 that its wholly-owned subsidiary Chongqing Changan New Energy Vehicle Technology Co., Ltd. plans to bring in no less than 3 new strategy investors to accelerate the deployment of the Mission Shangri-La.
Oct. 22 , 2018
BAIC BJEV delivered 11,560 vehicles in September, achieving a year-on-year jump of 35.22%. For the first nine months, the subsidiary saw its year-to-date sales surged 61.40% from a year ago to 81,678 units, completing 54.45% of sales target.
Oct. 19 , 2018
The Lifan 820EV, a BEV model developed by Chinese automaker Lifan Motors, officially went on sales in recent days. The price for the new model ranges between RMB256,800 to RMB279,800 before the subsidy is given to consumers.
Oct. 16 , 2018
NIO delivered 1,766 ES8s in September, surging 57.5% compared with the previous month. The company will start to deliver its second model, the ES6, from next summer.
Oct. 16 , 2018
CATL announced its profit forecast saying that excluding the non-recurring items, the company will see its net profits in the third quarter reach around RMB1.26 billion to RMB1.33 billion with year-on-year surge of 119.88% to 133.48%.
Oct. 15 , 2018