EV
Dearcc aims to deploy entire NEV industrial chain with RMB 2.5 billion
Dearcc aims to deploy entire NEV industrial chain with RMB 2.5 billion

Dearcc and Uni-Power Group, one of China’s class-leading science & technology finance company, recently signed an agreement on establishing a new energy industrial development fund, which has a management fund scale of more than RMB 2.5 billion.

May 8 , 2018
Lifan plans to raise RMB 2.48 billion in NEV segment
Lifan plans to raise RMB 2.48 billion in NEV segment

On May 6, Lifan Motors revealed its plan to issue no more than 261 million non-public stock shares to less than ten specified investors, aiming to raise a total of RMB 2.48 billion for the development of NEVs.

May 8 , 2018
BYD suffers YoY net profit nosedive of over 80% in Q1
BYD suffers YoY net profit nosedive of over 80% in Q1

BYD reported revenue of RMB 24.738 billion with a year-on-year growth of 17.54%. However, its net profit nosedived 83.09% from a year earlier to RMB 102 million.

May 7 , 2018
BAIC BJEV launches Darwin System at Auto China 2018
BAIC BJEV launches Darwin System at Auto China 2018

BAIC BJEV launched the vehicle artificial intelligent (AI) system, Darwin System, at Auto China 2018 on Apr. 25. The premium system not only can liberate and please human, but also can be self-developed.

May 2 , 2018
BYD releases DiLink intelligent system at Auto China 2018
BYD releases DiLink intelligent system at Auto China 2018

BYD launched the latest DiLink intelligent ecological system and e Platform, along with a bunch of new models at Auto China 2018, including the latest concept E-SEED, the Song MAX DM and the Yuan EV 360.

Apr. 28 , 2018
BAIC BJEV likely to be China’s first listed NEV maker soon
BAIC BJEV likely to be China’s first listed NEV maker soon

SST Qianfeng announced on Apr. 27 that its significant asset reorganization has been approved by China Security Regulatory Commission. The move indicates that BAIC BJEV has made a great progress on its way to be a listed company.

Apr. 28 , 2018