EV
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
China-built Model 3 accounts for 73% of Tesla models’ China insurance registration in Jan.
China-built Model 3 accounts for 73% of Tesla models’ China insurance registration in Jan.

In January, a total of 3,563 consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicle (MLI) for Tesla-branded vehicles, according to the China Insurance Regulatory Commission.

Feb. 28 , 2020
Foton Motor establishes NEV joint venture with state-owned Beijing Public Transport
Foton Motor establishes NEV joint venture with state-owned Beijing Public Transport

China’s CV manufacturer Foton Motor and Beijing Public Transport recently founded a NEV joint venture with the former grasping the most of shares.

Feb. 28 , 2020
FAW-Toyota said to build new plant with annual capacity of 200,000 NEVs
FAW-Toyota said to build new plant with annual capacity of 200,000 NEVs

FAW-Toyota prepared to construct a new plant with annual capacity of 200,000 NEV in Tianjin, a local media outlet reported on Feb. 27, for the second time expanding NEV capacity since 2018.

Feb. 27 , 2020