Evergrande Health, a unit of China Evergrande Group, has agreed a further investment amounting of around $3 billion in its subsidiary NEVS, a Sweden-based intelligent EV manufacturer, as the company believes it will help NEVS’s business growth.
Nov. 12 , 2019
Last month, China’s automakers sold nearly 66,000 locally-produced new energy passenger vehicles (NEPVs), including all-electric PVs and plug-in hybrid PVs, posting a steep decline of 45.4% from a year ago, according to the CPCA.
Nov. 12 , 2019
SAIC Volkswagen launched on November 8 an all-new and BEV-focused manufacturing plant in Anting, Shanghai, only one year after the groundbreaking.
Nov. 10 , 2019
BAIC BluePark New Energy Technology Co., Ltd announced its net loss attributable to the listed company's shareholders for the first three quarters totaled RMB270 million ($38.3 million).
Nov. 1 , 2019
US electric car maker Tesla said on October 30 the 2,000th supercharger in mainland China was installed at a commercial area in Shanghai, namely Shangjia Center.
Oct. 31 , 2019
On October 24, the fourth model of BYD’s e series, the BYD e3, officially hit the market following the e1, the S2 and the e2. Offered in three variants, the new BEV model is priced between RMB103,800 and RMB119,800 after green-car subsidies.
Oct. 29 , 2019