EV
China’s NEV subsidies occurred in 2018 to total RMB13.778 billion
China’s NEV subsidies occurred in 2018 to total RMB13.778 billion

China’s Ministry of Industry and Information Technology (MIIT) said on December 10 the government subsidies for new energy vehicle (NEV) promotion and application that occurred in 2018 were forecasted to reach RMB13.778 billion.

Dec. 12 , 2019
Beijing Benz’s NEV plant in Shunyi to start production
Beijing Benz’s NEV plant in Shunyi to start production

​With the completition of its assembly shop, Beijing Benz’s NEV (new energy vehicle) plant in Shunyi will start production in the near future, according to local media outlets.

Dec. 12 , 2019
Newborn brand “Skywell” makes inroads into China’s NEV domain
Newborn brand “Skywell” makes inroads into China’s NEV domain

A new entrant burst into China’s NEV market in the year-end period, which is expected to change the existing landscape of China’s EV industry.

Dec. 12 , 2019
NIO Inc. Provides November 2019 Delivery Update
NIO Inc. Provides November 2019 Delivery Update

NIO delivered 2,528 vehicles in November, maintaining the strong momentum achieved in October and representing the fourth consecutive month of delivery growth.

Dec. 5 , 2019
NIO to launch all-new “coupe” SUV at upcoming NIO DAY
NIO to launch all-new “coupe” SUV at upcoming NIO DAY

NIO, the Chinese Telsa Wannabe, is going to launch its third model at the 2019 NIO Day on December 28. The all-new model will reportedly hit the market in the second quarter of 2020 with delivery starting as early as fourth quarter.

Dec. 5 , 2019
Changan Automobile signs up four strategic investors for NEV subsidiary
Changan Automobile signs up four strategic investors for NEV subsidiary

Chongqing Changan Automobile Co., Ltd (Changan Automobile) announced on December 3 its agreement of introducing four strategic investors for its wholly-owned NEV arm, Chongqing Changan New Energy Automobile Co., Ltd (Changan New Energy).

Dec. 4 , 2019