- BAIC Group set to eliminate product carbon emission by 2050
BAIC Group announced its carbon neutrality plan, BLUE, which aims to fully implement new energy and intelligent products, achieving carbon neutrality by 2050, at an online launch event on June 15th.
June 15 , 2022
- BYD’s FinDreams Battery completes production line installation at Shaoxing plant
On June 14, FinDreams Battery, a battery manufacturer wholly-owned by BYD, saw its manufacturing plant in Shaoxing city complete installation and tooling for production lines, according to a post on S...
June 15 , 2022
- Li Auto breaks ground on 2nd phase of Beijing industrial park
On June 14, Li Auto broke ground on the second phase of its industrial park in Shunyi district, Beijing, which is anticipated to start operation at the end of 2023, according to a local media channel.
June 15 , 2022
- 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”) indus...
June 14 , 2022
- 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...
June 14 , 2022
- 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.
June 14 , 2022
- 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 ma...
June 14 , 2022
- WM Motor sees Jan.-May 2022 deliveries surge 86.6% YoY
WM Motor delivered 3,240 vehicles in May 2022, according to the EV startup’s press release, quoting the registrations offered by the China Automotive Technology & Research Center (CATARC).
June 13 , 2022