EV
China’s Guangzhou to set up 10-billion-yuan fund for ICV, NEV development
China’s Guangzhou to set up 10-billion-yuan fund for ICV, NEV development

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 , 2022
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 to build zero-carbon industrial park in Dazhou city, Sichuan province
SVOLT to build zero-carbon industrial park in Dazhou city, Sichuan province

SVOLT 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 , 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