EV
JD.com to replace all logistics vehicles with electric ones
JD.com to replace all logistics vehicles with electric ones

Richard Liu, founder and CEO of JD.com, recently forwarded an article about JD.com's recycling packaging box, and also made a promise that they will replace all existing logistics vehicles with electric ones in Beijing before the Spring Festival.

Dec. 11 , 2017
BAIC to ban sales, production of self-owned branded fossil fuel-powered vehicles in 2025
BAIC to ban sales, production of self-owned branded fossil fuel-powered vehicles in 2025

Xu Heyi, President of BAIC Group, said that the group will first restrict and finally ban the sale and production of those self-own branded traditional fossil fuel -powered vehicles which has no new energy technology.

Dec. 11 , 2017
Subsidies on commercial vehicles reduced as high as 40%
Subsidies on commercial vehicles reduced as high as 40%

The newly exposed 2018 NEV subsidy plan reveals that new energy buses still face the largest adjustments.

Dec. 8 , 2017
NEVS Tianjin project starts production
NEVS Tianjin project starts production

NEVS Tianjin project starts production on December 5th, marking its entry into a new development period.

Dec. 6 , 2017
WM raises RMB 12 billion funding, led by Baidu Capital
WM raises RMB 12 billion funding, led by Baidu Capital

WM Motor, one of China's electric car startups, announced on Dec. 5 that it had finished a new round of financing. Led by Baidu Capital, the financing is also funded by Baidu Group and other organizations.

Dec. 6 , 2017
BYD power battery production to reach 16 GWh this year
BYD power battery production to reach 16 GWh this year

BYD total power battery production capacity will reach 16 gigawatt-hours (GWh) by the end of this year. Its lithium-iron phosphate (LFP) battery production will be up to 10 GWh while the rest is NMC/NCA battery.

Dec. 6 , 2017