- China extends NEV subsidies to 2022 with slower phase-out pace
China will extend subsidies for NEV purchases to 2020, which were supposed to be stopped by the end of this year.
Apr. 23 , 2020
- Gotion High-Tech denies rumor of introducing Volkswagen as biggest shareholder
Gotion High-Tech, China’s No.3 battery maker, once again clarified the rumor saying the German automobile giant Volkswagen Group is set to become one of its main shareholders.
Apr. 23 , 2020
- China announces purchase tax exemption for NEVs bought from 2021 to 2022
China has decided to exempt the vehicle purchase tax on new energy vehicles (NEVs) purchased from Jan. 1, 2021 to Dec. 31, 2022.
Apr. 22 , 2020
- Shanghai to add 3000 charging piles in 2020
2.7 billion yuan will be invested to build 78,000 new charging piles, including 53,000 for residential areas, 18,000 for public use and 7,000 for special use.
Apr. 22 , 2020
- Toyota’s three BEV models to go on sale in China in late April
Japanese automaker Toyota announced it will put three BEV models onto the China market in late April, formally starting its all-electric course from the world’s biggest auto market.
Apr. 20 , 2020
- William Li holds lower percentage of shares in NIO
William Li, founder and chairman of NIO, holds more shares in the New York-listed EV startup while the percentage slightly decreased, according to a document file to the U.S. Securities and Exchange C...
Apr. 17 , 2020
- All-new NIO ES8 SUV rolls off the production line, delivery to begin on April 19
On April 15, the mass-produced vehicle of NIO’s all-new ES8 flagship electric SUV formally rolled off the production line at the JAC-NIO Advanced Manufacturing Center in Hefei, according to a post o...
Apr. 16 , 2020
- Geely-backed affordable NEV brand Maple starts presale of first model Maple 30x
Maple, a NEV brand backed by Geely Technology Group, was formally launched on April 10 with the presale of its first model, the Maple 30x, kicking off at the same time.
Apr. 13 , 2020