China’s PHEV (plug-in hybrid electric vehicle) market is expected to grow in next five years and peak in 2025 with a 10-year boom, while fall from 2030 to 2035, said Ouyang Mingga.
Dec. 25 , 2019
On December 23, Startup Enovate, previously known as Dearcc, agreed a strategic cooperation with UNIEV, an online platform service provider to China’s EV industry, for NEV charging business, according to a post on UNIEV’s WeChat account.
Dec. 24 , 2019
Sichuan-based auto manufacturer Yema Auto plans to roll out four NEV models in 2020 as part efforts to strengthen its offensive in NEV domain, according to Wang Qingli, vice president of Yema.
Dec. 20 , 2019
China’s automakers sold roughly 79,000 locally-produced new energy PVs (NEPVs, referring to all-electric PVs and plug-in hybrid PVs) in November, clocking a sharp decrease of 41.7% over a year ago, according to the China Passenger Car Association.
Dec. 16 , 2019
On December 12, Sky-well New Energy Automobile Group Co. Ltd (Sky-well) and Shenzhen BAK Power Battery Co., Ltd (BAK Battery) agreed to forge a long-term strategic partnership on new energy vehicle (NEV) development.
Dec. 13 , 2019
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