EV
China extends full NEV purchase tax exemption by another year
China extends full NEV purchase tax exemption by another year

China’s authorities recently jointly issued an announcement regarding the continuation and optimization of the policy on purchase tax exemptions for NEVs.

Jun. 21 , 2023
NIO announces investment support from CYVN Holdings
NIO announces investment support from CYVN Holdings

NIO Inc. announced today that it has reached a share subscription agreement with CYVN Holdings L.L.C. (referred to as the "Investor" or "CYVN Holdings"), an investment entity primarily owned by the Abu Dhabi Government.

Jun. 20 , 2023
China’s luxury EV brand HiPhi announces prices of HiPhi X, HiPhi Z for European market
China’s luxury EV brand HiPhi announces prices of HiPhi X, HiPhi Z for European market

HiPhi, Chinese luxury electric vehicle (EV) brand under Human Horizons, recently announced the prices of HiPhi X and HiPhi Z in the European market, the EV maker announced on Monday via its WeChat account.

Jun. 20 , 2023
SAIC-GM’s Ultium-based Buick ELECTRA E4 goes on sale, starting at 189,900 yuan
SAIC-GM’s Ultium-based Buick ELECTRA E4 goes on sale, starting at 189,900 yuan

On June 19th, Buick, a auto brand under SAIC General Motors (SAIC-GM), announced its new premium electric coupe SUV, the Buick ELECTRA E4, officially hit the market.

Jun. 20 , 2023
Geely Galaxy L6 included in catalogue by China’s MIIT
Geely Galaxy L6 included in catalogue by China’s MIIT

The patent images of the Geely Galaxy L6 model appeared in the latest declaration catalogue from China’s Ministry of Industry and Information Technology ("MIIT").

Jun. 19 , 2023
JAC Yiwei’s EV3 hits market, starting at 89,900 yuan
JAC Yiwei’s EV3 hits market, starting at 89,900 yuan

On June 16, JAC Group's new energy vehicle dedicated brand, Yiwei, put its first production model, the EV3 (“Yiwei 3” in Chinese pinyin), onto the market.

Jun. 19 , 2023