Market & Industry
BYD launches blade battery to “put end to spontaneous combustions in EVs”
BYD launches blade battery to “put end to spontaneous combustions in EVs”

On March 29, China’s leading NEV manufacturer BYD formally launched the “blade battery”, a new type of new lithium iron phosphate battery (LFP battery) that will largely increase the energy density of battery pack with greater safety.

Mar. 30 , 2020
GAC Honda to absorb export-focused subsidiary, adding capacity by 50,000 cars per year
GAC Honda to absorb export-focused subsidiary, adding capacity by 50,000 cars per year

GAC Honda, a joint venture between Chinese automaker GAC Group and Japan-based Honda, on March 29 announced it will absorb its wholly-owned subsidiary, Honda Automobile (China) Co.,Ltd. (CHAC), effective from April 1.

Mar. 30 , 2020
NIO updates the service system of NIO power charging solution
NIO updates the service system of NIO power charging solution

On March 27, Shen Fei, Vice President of Power Management at NIO, launched on behalf of the startup the newest service system of NIO Power, which is rechargeable, replaceable and upgradeable.

Mar. 27 , 2020
Dongfeng-PSA joint venture resumes production at Wuhan plant
Dongfeng-PSA joint venture resumes production at Wuhan plant

DPCA announced it officially resumed the work and production at its Wuhan plant on March 25 after a two-month shutdown due to the coronavirus spread.

Mar. 26 , 2020
Polestar 2 mass production kicks off in Geely Luqiao plant
Polestar 2 mass production kicks off in Geely Luqiao plant

The volume production of the Polestar 2, Polestar’s first all-electric model, has formally begun in Luqiao, Zhejiang province, for initial delivery into Europe in this summer and subsequently China and North America, according to Polestar.

Mar. 26 , 2020
Nanchang to offer RMB1,000 per car subsidy to stimulate new car spending
Nanchang to offer RMB1,000 per car subsidy to stimulate new car spending

Nanchang, capital of Jiangxi province, has launched the plan to stimulate demand for automobiles after the coronavirus epidemic hit the sales badly, according to a post on Sina Weibo of Nanchang Civil Affairs Bureau.

Mar. 26 , 2020