EV
Geely-backed NEV brand Maple unveils first production model Maple 30X
Geely-backed NEV brand Maple unveils first production model Maple 30X

Maple, a NEV brand backed by Geely Technology Group, unveiled the look of its first production EV model, the Maple 30X, which rolled off the production line on Jan. 13 and is said to be launched in April this year.

Mar. 25 , 2020
Startup REECH AUTO introduces government-backed firm as majority shareholder
Startup REECH AUTO introduces government-backed firm as majority shareholder

REECH AUTO has introduced a new shareholder backed by Henan provincial government, making it the first Chinese EV startup held by government-owned investor.

Mar. 24 , 2020
Evergrande Health expected to record 2019 net loss of RMB3.2 bln in NEV business
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
BYD for the second time receive NEV subsidy in March
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) promotion that occurred in 2018.

Mar. 11 , 2020
NIO delivers 707 vehicles in February 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 electric SUV and its 6-seater variant.

Mar. 10 , 2020
Xpeng P7 boasts 706km NEDC range, verified by MIIT of China
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. 7 , 2020