BYD established three subsidiaries on December 24 and 25, each of which has a registered capital of 100 million yuan ($14.3 million).
Dec. 30 , 2019
FAW-Volkswagen becomes the first and only passenger vehicle producer in 2019 whose production and sales were over 2 million units respectively.
Dec. 30 , 2019
On December, 26, Hainan province government issued a pilot scheme for shared mobility service from 2019 to 2025 with an aim to have 6,000 shared cars by 2022 and 10,000 units by 2025 in the well-known tourist province.
Dec. 30 , 2019
HYCAN, the EV brand launched by GAC NIO New Energy Automotive Co.,Ltd (GAC NIO), officially announced the name of its long-waited first mass-produced model.
Dec. 27 , 2019
The Model 3 locally-produced by Tesla (Shanghai) Co.,Ltd has been exempted from the vehicle purchase tax on NEVs, according to a filing released by China’s Ministry of Industry and Information Technology (MIIT) on December, 27.
Dec. 27 , 2019
China-based battery maker CATL kicked off on December 24 the construction of its power battery manufacturing base in Yibin, Sichuan province, which features an expected annual capacity of 30GWh, according to a local media report.
Dec. 27 , 2019