EV
XPeng Motor to start B round financing next year
XPeng Motor to start B round financing next year

He Xiaopeng, Chairman of XPeng Auto revealed today that XPeng Auto has ended its 3-round A+ financing and plans to announce B-round financing in 2018.

Dec. 15 , 2017
NEVs with range less than 150km unlikely to receive subsidies
NEVs with range less than 150km unlikely to receive subsidies

It seems deterministic that NEV subsidy will phase out, but recently the rumor goes that in 2018, the subsidy will be reduced faster and the rules may be modified. One of the changes may be that NEV with a range of less than 150km.

Dec. 15 , 2017
BAIC BJEV Jiangshan base aims to produce 80,000 NEVs in 2017
BAIC BJEV Jiangshan base aims to produce 80,000 NEVs in 2017

It’s also guaranteed that Jiangshan Base NEV production volume will be at least 60,000 units this year and sprint for 80,000 units with an expected total production value exceeding RMB 6 billion.

Dec. 14 , 2017
XPeng starts to construct Zhaoqing base with investment of RMB 10 billion
XPeng starts to construct Zhaoqing base with investment of RMB 10 billion

XPeng Auto intelligent network technology industrial park (Zhaoqing Base) started construction on the afternoon of December 11th.

Dec. 12 , 2017
China November new energy passenger vehicle sales exceed 80,000 units
China November new energy passenger vehicle sales exceed 80,000 units

November sales of new energy passenger vehicles reached 80,767 units in China, jumping 24.4 percent month on month and surging 86.9 percent year on year.

Dec. 12 , 2017
BAIC BJEV to implement double-brand strategy
BAIC BJEV to implement double-brand strategy

BAIC BJEV announced the double-brand strategy. At the same time, BAIC BJEV also announced the latest plan on the supporting facilities of charging piles and battery swapping stations.

Dec. 12 , 2017