News
NIO denies rumor of leaving NYSE, while re-going public on China’s STAR market
NIO denies rumor of leaving NYSE, while re-going public on China’s STAR market

NIO doesn't plan to go public on China's tech-focused science and technology innovation board (STAR Market) in near term and its office in Silicon Valley is still in a normal operational status, the Chinese EV startup announced on August 19.

Aug. 19 , 2019
BAIC BJEV to buy battery system from Bejing Pride Power for battery swapping facilities
BAIC BJEV to buy battery system from Bejing Pride Power for battery swapping facilities

BAIC Group’s NEV arm BJEV plans to purchase roughly 1,500 sets of fast-swapping lithium battery system from Beijing Pride Power System Technology Limited (Beijing Pride Power).

Aug. 19 , 2019
Top 10 locally-produced PV, car, SUV models in China by July wholesale volume
Top 10 locally-produced PV, car, SUV models in China by July wholesale volume

There were only two SUV models—the Haval H6 and the CR-V—among the top 10 PV models by wholesale volume for the month of July. The others were all car models.

Aug. 16 , 2019
Evergrande Health warns first-half net loss of RMB2 billion in NEV business
Evergrande Health warns first-half net loss of RMB2 billion in NEV business

Evergrande Health is expected to record a net loss for the first half of 2019 of approximately RMB2 billion, versus the net profit of around RMB200 million for the same period in 2018, the company announced on August 9.

Aug. 14 , 2019
Data Talk: China's car sales in 2019 predicted to fall 10%
Data Talk: China's car sales in 2019 predicted to fall 10%

After outlining the current and future landscape of China's PV capacity utilization, Gasgoo's Data Talk will start a new chapter from a PV category perspective. This series will consist of three parts—car, SUV and MPV. Now, let's begin with the car.

Aug. 14 , 2019
Changan Automobile posts contracted drop in July sales
Changan Automobile posts contracted drop in July sales

Chongqing Changan Automobile Co., Ltd (Changan Automobile) posted a year-on-year decline of 7.1% in July sales, the automaker reported on August 12.

Aug. 14 , 2019