EV
SAIC Motor ambitious to roll out at least ten FCV models over next 5 years
SAIC Motor ambitious to roll out at least ten FCV models over next 5 years

Over the next five years, SAIC Motor aims to roll out at least ten FCV (fuel cell vehicle) models and hit over 10,000 units in both annual FCV outputs and sales, representing more than 10% share in China’s FCV market.

Sep. 14 , 2020
Beijing aims to put over 10,000 hydrogen FCVs on roads by 2025
Beijing aims to put over 10,000 hydrogen FCVs on roads by 2025

Beijing will strive to put over 10,000 hydrogen fuel cell vehicles (called “FCVs” for short) on roads by 2025 and expects the cumulative output value of the full FCV industrial chain to exceed 24 billion yuan ($3,502,984,800) then.

Sep. 9 , 2020
NIO, Hefei government plan to co-build 40 battery swapping stations in 2020, 2021
NIO, Hefei government plan to co-build 40 battery swapping stations in 2020, 2021

NIO and the government of Hefei in the eastern Anhui province, the startup’s major new backer, attempt to jointly build a total of 40 battery swapping stations in 2020 and 2021, according to a local media report.

Sep. 8 , 2020
Li Auto records highest monthly sales in August
Li Auto records highest monthly sales in August

From January to August, the model’s delivery totaled 14,656.

Sep. 2 , 2020
Xpeng Motors pilots battery leasing service to lower EV-buying threshold
Xpeng Motors pilots battery leasing service to lower EV-buying threshold

Chinese EV startup Xpeng Motor launched on September 1 its battery leasing service, which allows consumers to spread the battery pack cost in 84 monthly installments within 7 years.

Sep. 2 , 2020
GAC Toyota starts building new NEV facility as part of NEV business expansion
GAC Toyota starts building new NEV facility as part of NEV business expansion

GAC Toyota celebrated on August 29 the first spade cut for a new NEV manufacturing facility, the second phase under a project design to expand the joint venture’s NEV capacity.

Aug. 31 , 2020