CATL-Geely Power Battery Co.,Ltd., a joint venture between CATL and Zhejiang Jirun Automobile Company Limited, attempts to invest not more than 8 billion yuan ($1,148,484,800) in constructing a power battery facility at Yibin, Sichuan.
Aug. 12 , 2020
The Geometry C, the second mass-produced and first SUV model of Geely’s BEV brand Geometry, formally hit the market on August 7. Post-subsidy prices of its five trim levels range from 129,800 yuan ($18,634) to 182,800 yuan ($26,243).
Aug. 10 , 2020
China has been honored the world’s largest NEV market in terms of both outputs and sales for the fifth year in a row as of 2019, said Xin Guobin, vice minister of China’s Ministry of Industry and Information Technology (MIIT).
Aug. 3 , 2020
The Board of Evergrande Health Industry Group Limited proposes to change the name of the company to “China Evergrande New Energy Vehicle Group Limited”, as the NEV has become its most important business.
Jul. 27 , 2020
The number of consumers in China buying the Mandatory Liability Insurance (MLI) for Tesla’s China-built Model 3s hit a new high of 14,977 units in June, jumping 31.82% over the previous month, according to the China Insurance Regulatory Commission.
Jul. 24 , 2020
EV innovator NIO’s third mass-produced model, the NIO EC6, went on sale at the Chengdu Motor Show 2020 with three variants offered at one go. The vehicle is sold at the pre-subsidy prices ranging from 368,000 yuan ($52,542) to 526,000 yuan ($75,101).
Jul. 24 , 2020