- Evergrande Health expected to record 2019 net loss of RMB3.2 bln in NEV business
On March 22, Evergrande Health, a listed subsidiary of Evergrande Group, warned of a year-on-year widened net loss in 2019 due to its investment in new energy vehicle (NEV) business.
Mar. 23 , 2020
- NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2019 Financial Results
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, on Mar. 18 announced its unaudited financial results for the fourth quarter and full year...
Mar. 18 , 2020
- SAIC’s RMB500 million worth of fuel cell project launched in Jiading
Shanghai Hydrogen Propulsion Technology Co., Ltd. (SHPT) launched on March 16 a new fuel cell project at Jiading District in Shanghai, which is expected to help SAIC Motor speed up the industrializati...
Mar. 17 , 2020
- BYD announces foundation of five auto parts subsidiaries
BYD recently announced the establishment of five subsidiaries, in a bid to speed up the sale of NEV-related core components.
Mar. 16 , 2020
- BYD for the second time receive NEV subsidy in March
BYD Company Limited said on March 10 the Xi’an Finance Bureau will allocate to its subsidiary BYD Automobile Co.,Ltd RMB1,983,510,000 of central government subsidy for new energy vehicle (NEV) promo...
Mar. 11 , 2020
- NIO delivers 707 vehicles in February 2020
NIO delivered 707 vehicles in February 2020, consisted of 671 ES6s, the Company’s 5-seater high-performance premium electric SUV, and 36 ES8s, the Company’s 7-seater high-performance premium elect...
Mar. 10 , 2020
- Xpeng P7 boasts 706km NEDC range, verified by MIIT of China
The Xpeng P7 intelligent sports sedan’s driving range was verified at NEDC 706km.
Mar. 07 , 2020
- 100,000th BYD Yuan EV rolls off production line
The 100,000th BYD Yuan EV has rolled off the production line, said the Shenzhen-based automaker, a new milestone for BYD’s NEV offensive.
Mar. 05 , 2020
