China's Guangzhou plans to build a 10 billion yuan ($1.481 billion) worth of fund to promote the development of local intelligent-connected vehicle (“ICV”) and new energy vehicle (“NEV”) industries.
Jun. 14 , 2022Xin Guobin, vice minister of China's Ministry of Industry and Information Technology (MIIT), said on Tuesday at a press conference that a study would be made as soon as possible on whether to continue the preferential tax policy for NEV purchase.
Jun. 14 , 2022Chinese automaker Geely is about to launch a new sub-brand “RADAR” on June 17, which will be used for its high-end new energy pickups, according to a local media outlet.
Jun. 14 , 2022SVOLT Energy Technology Co., Ltd. (“SVOLT”), a Chinese power battery manufacturer carved out of Great Wall Motor (“GWM”), on June 10 inked an agreement with Dazhou municipal government and the Management Committee of Dazhou High-tech Industry Develop
Jun. 13 , 2022On June 10, NIO signed a framework agreement with the municipal government of Lu'an, a prefecture-level city in western Anhui province, to jointly build an industrial park of supporting auto parts used for intelligent electric vehicles.
Jun. 13 , 2022In May 2022, China's power battery outputs reached 35.6GWh, soaring 157.9% year on year, while also jumping 22.8% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).
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