EV
Lifan 820EV hits market, priced from RMB256,800 before incentives
Lifan 820EV hits market, priced from RMB256,800 before incentives

The Lifan 820EV, a BEV model developed by Chinese automaker Lifan Motors, officially went on sales in recent days. The price for the new model ranges between RMB256,800 to RMB279,800 before the subsidy is given to consumers.

Oct. 16 , 2018
NIO delivers 3,268 ES8s in Q3, with ES6 to be delivered from next summer
NIO delivers 3,268 ES8s in Q3, with ES6 to be delivered from next summer

NIO delivered 1,766 ES8s in September, surging 57.5% compared with the previous month. The company will start to deliver its second model, the ES6, from next summer.

Oct. 16 , 2018
CATL forecasts YoY jump of 133% in Q3 net profit excluding non-recurring items
CATL forecasts YoY jump of 133% in Q3 net profit excluding non-recurring items

CATL announced its profit forecast saying that excluding the non-recurring items, the company will see its net profits in the third quarter reach around RMB1.26 billion to RMB1.33 billion with year-on-year surge of 119.88% to 133.48%.

Oct. 15 , 2018
BAIC BJEV market value plunges by RMB 18.6 billion after resumption of trading
BAIC BJEV market value plunges by RMB 18.6 billion after resumption of trading

BAIC BJEV’s market value plunged by RMB 18.6 billion after BAIC Bluepark, the shell company for the company to go public, resumed trading on Shanghai stock exchange.

Sep. 28 , 2018
Dongfeng Automobile forms JV with Hyper Strong to reinforce NEV tech R&D
Dongfeng Automobile forms JV with Hyper Strong to reinforce NEV tech R&D

Dongfeng Automobile Co., Ltd. (DFAC) and Beijing Hyper Strong Technology Co., Ltd (Hyper Strong) recently formed a 50/50 joint venture (JV) focusing on new energy vehicle (NEV) technology development.

Sep. 26 , 2018
BAIC BJEV re-takes BEV championship in China with Jan-Aug sales surging 67% YoY
BAIC BJEV re-takes BEV championship in China with Jan-Aug sales surging 67% YoY

BAIC BJEV, the NEV subsidiary of BAIC Group, delivered a total of 70,188 vehicles from January to August with a year-on-year (YoY) surge of 67%, maintaining the championship by the Jan-Aug sales from the previous year.

Sep. 25 , 2018