Market & Industry
4,440 public charging piles in Beijing will apply TOU tariff scheme

According to China’s National Development and Reform Commission’s Notice regarding the Pricing on the Tariff of Electric Vehicles, all the public charging piles for electric vehicles in Beijing that are powered by the grid of State Grid Beijing Electric Power Company will be charged based on peak-valley TOU tariff, effective from June 15th.

Jun. 20 , 2016
Wkzuche acquired tens of million yuan in Series A round of financing

Wkzuche, a full-time B2P car rental platform in China, has announced that it has acquired tens of million yuan in Series A round of financing led by BOJIANG CAPITAL, and jointly followed by Zhen Fund, King Fund, Buttonwood Fund, and private investor Zhou Weihong, in this May, with an aim to become the leading company in the industry of road trips.

Jun. 20 , 2016
Chinese city to invest 1.1 billion yuan to build charging piles

ZhongShan, a southern city in China, has released a draft version of the Outlet of the development and deployment of alternative energy vehicles in ZhongShan (herein after referred as the Draft) on the official website of Zhongshan Development & Reform Bureau on June 14th. According to the Draft, ZhongShan will grant 1.1 billion yuan over the next five years to equip the city with adequate charging facilities, and boost the number of alternative energy vehicles to 9,500 units and the number of charging piles to 10,000 units by 2020.

Jun. 16 , 2016