- China issues new NEV subsidy policy with higher tech thresholds, reduced subsidy amounts
Chinese authorities on March 26 unveiled a tougher new energy vehicle (NEV) subsidy policy to boost a high-quality development of NEV industry.
Mar. 27 , 2019
- Startup Dearcc’s Enovate starts construction of NEV base with RMB5.1 bln invested
Enovate, the premium car brand founded by Chinese EV startup Dearcc, officially commenced the construction of its new energy vehicle (NEV) on March 20, according to local media outlets.
Mar. 25 , 2019
- BAIC BJEV, Magna ready to pour RMB2 bln in all-electric PV manufacturing JV
BAIC BluePark New Energy Technology Co.,Ltd announced on March 22 that its subsidiary BAIC BJEV and Magna International Autolaunch Ireland Ltd. are going to form a joint venture that focuses on manufa...
Mar. 25 , 2019
- Faraday Future Signs New Joint Venture Agreement With the9 Limited
Faraday Future announced on Mar. 24 that it has signed a joint venture agreement with The9 Limited to form a joint venture (the “JV”) to manufacture, market, distribute, and sell luxury intelligen...
Mar. 25 , 2019
- Volvo Underestimated Plug-In Hybrid Demand: Will Triple Production
Volvo CEO Hakan Samuelsson admitted that the company hugely underestimated demand for its plug-in hybrid cars and now is hard at work to increase the production capacity.
Mar. 22 , 2019
- Tesla raises price on most models, while not as high as planned
Tesla once again adjusted prices on the Model 3, Model S and Model X after it said on March 10 that it will raise vehicle prices by about 3% on average worldwide as it plans to keep more retail stores...
Mar. 22 , 2019
- Jaguar Land Rover Installs UK’s Largest Work Charging Station
Jaguar Land Rover Group has installed at its Gaydon engineering center the UK's largest smart charging station for employees. In total, 166 smart charging outlets – each 7 kW AC – are available an...
Mar. 21 , 2019
- New Geely Emgrand GSe to be sold in March with EV range up to 400km
In March, the automaker is going to launch the new Emgrand GSe with a driving range increased by 13% to 400km, said Zheng Zhuang, general manager of Geely New Energy sales company.
Mar. 21 , 2019
