EV
China intends to lower threshold for automakers to get NEV building qualification
China intends to lower threshold for automakers to get NEV building qualification

China’s Ministry of Industry and Information Technology (MIIT) is soliciting public opinion on the amended Provisions on the Access Administration of New Energy Vehicle Manufacturers and Products.

Feb. 11 , 2020
NIO Inc. Provides January 2020 Delivery Update
NIO Inc. Provides January 2020 Delivery Update

NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today provided its January 2020 delivery results.

Feb. 11 , 2020
NIO Announces Private Placement of US$100 Million Short-term Convertible Notes
NIO Announces Private Placement of US$100 Million Short-term Convertible Notes

NIO will issue and sell convertible notes in an aggregate principal amount of US$70 million to an unaffiliated Asia based investment fund through a private placement.

Feb. 6 , 2020
Bordrin says mass-made iV6 will hit market this year
Bordrin says mass-made iV6 will hit market this year

​EV startup Bordrin announced officially its obtainment of NEV production qualification on January 14 via its WeChat account.

Jan. 21 , 2020
WM Motor, Xpeng Motors attract customers with incentives
WM Motor, Xpeng Motors attract customers with incentives

Recently, WM Motor launched direct purchase service that is similar to NIO's battery rental business while Xpeng Motors decided to double the value of the deposit for the Xpeng P7.

Jan. 20 , 2020
Chery New Energy’s model likely to be named eQ5 starts at 200,000 yuan
Chery New Energy’s model likely to be named eQ5 starts at 200,000 yuan

​Chery New Energy’s new model, code-named S61, is set to be named eQ5 judging from the logo on its rear part and expected to hit the market in the first half of this year, with price ranging between 200,000 and 250,000 yuan ($29,155-36,444).

Jan. 20 , 2020