EV
NIO expects to have loss of RMB 5.1 billion in 2018
NIO expects to have loss of RMB 5.1 billion in 2018

NIO, one of China’s EV startups, plans to deliver 30,000 new vehicles and gain revenue of RMB 11.4 billion in 2018, but the startup also expects to have a loss of RMB 5.1 billion in 2018, according to the insiders from NIO.

Apr. 8 , 2018
NIO eve concept to debut at Auto China 2018
NIO eve concept to debut at Auto China 2018

It is reported that the NIO eve concept will make its debut at Auto China 2018. The new model, based on the designing idea of future transportation, will come with NOMI artificial intelligent system.

Apr. 4 , 2018
Sales growth of Chinese new energy PVs in first two months triples that of globe to 159% year on year
Sales growth of Chinese new energy PVs in first two months triples that of globe to 159% year on year

The China Passenger Car Association (CPCA) revealed on Apr. 3 that sales of Chinese NEV passenger vehicles soared 159% year on year to 61,000 units in the first two months this year.

Apr. 4 , 2018
Upgrade of NIO ES8 to have doubled range and stronger performance
Upgrade of NIO ES8 to have doubled range and stronger performance

According to insiders from NIO, the all-new ES8 will make official debut in 2021. The new model is slated to have great improvement in power performance and is expected to double the range to 600km.

Mar. 30 , 2018
BYD intends to make spin-off battery unit to be listed on stock exchange
BYD intends to make spin-off battery unit to be listed on stock exchange

BYD intends to spin off its battery and photovoltaic unit and further promote the separated unit to be listed on a stock exchange, aiming to rival with CATL and trying to seize the to-be-lost strategic opportunities in battery industry.

Mar. 29 , 2018
BYD expects to double new energy passenger vehicle sales in Q1
BYD expects to double new energy passenger vehicle sales in Q1

BYD expects to have a YoY sales surge of new energy passenger vehicles over 200% in the first quarter, and also a YoY sales growth of more than 20% in passenger vehicles in the same period.

Mar. 29 , 2018