EV
In March Plug-In Electric Car Sales In France Set New Record
In March Plug-In Electric Car Sales In France Set New Record

In March, plug-in electric car sales in France increased by 16% year-over-year to a new record of 6,934 and a market share of 2.72%. The all-electric passenger car category also reached a new high.

Apr. 9 , 2019
CATL forecasts 140%-170% year on year growth in Q1 net profit
CATL forecasts 140%-170% year on year growth in Q1 net profit

On April 8, CATL released a review of its performance in the first quarter of 2019, with an expected net profit ranging from RMB992 million to RMB1.16 billion attributable to shareholders of the public company, surging 140% to 170% year on year.

Apr. 9 , 2019
GAC NIO said to initiate Series A round fundraising
GAC NIO said to initiate Series A round fundraising

GAC NIO New Energy Automobile Co.,Ltd (GAC NIO) is ready to initiate its Series A round fundraising, according to a local media outlet.

Apr. 8 , 2019
GAC NIO to launch all-new BEV brand
GAC NIO to launch all-new BEV brand

GAC NIO New Energy Automotive Co.,Ltd (GAC NIO) will launch an all-new car brand that focuses on the R&D, sale and relevant services of all-electric vehicles, the company announced on April 1 through its official WeChat account.

Apr. 1 , 2019
China issues new NEV subsidy policy with higher tech thresholds, reduced subsidy amounts
China issues new NEV subsidy policy with higher tech thresholds, reduced subsidy amounts

Chinese authorities on March 26 unveiled a tougher new energy vehicle (NEV) subsidy policy to boost a high-quality development of NEV industry.

Mar. 27 , 2019
Startup Dearcc’s Enovate starts construction of NEV base with RMB5.1 bln invested
Startup Dearcc’s Enovate starts construction of NEV base with RMB5.1 bln invested

Enovate, the premium car brand founded by Chinese EV startup Dearcc, officially commenced the construction of its new energy vehicle (NEV) on March 20, according to local media outlets.

Mar. 25 , 2019