EV
China’s MIIT to conduct study on whether to extend NEV purchase tax exemption
China’s MIIT to conduct study on whether to extend NEV purchase tax exemption

Xin 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 , 2022
Geely said to launch high-end new energy pickup brand ‘RADAR’ this month
Geely said to launch high-end new energy pickup brand ‘RADAR’ this month

Chinese 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 , 2022
SVOLT, EVE Energy, Sichuan New Energy Power to build joint venture for lithium salt project
SVOLT, EVE Energy, Sichuan New Energy Power to build joint venture for lithium salt project

On June 13, two Chinese power battery manufacturers, SVOLT and EVE Energy, signed an agreement with Sichuan New Energy Power Company Limited (“CNDL”) to build a joint venture for a lithium salt manufacturing project.

Jun. 14 , 2022
NIO inks agreement to help build EV auto parts industrial park in Lu’an city
NIO inks agreement to help build EV auto parts industrial park in Lu’an city

On 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 , 2022
CATL accounts for 45.85% of China’s power battery installed capacity in May 2022
CATL accounts for 45.85% of China’s power battery installed capacity in May 2022

In 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).

Jun. 10 , 2022