Shanghai aims to increase its annual outputs of new energy vehicles (NEVs) to over 1.2 million units with a production value exceeding 350 billion yuan ($54.218 billion) per year by 2025.
Feb. 25 , 2021
China’s Hainan province aims to deploy 25,000 new energy vehicles (NEVs) this year, as part of an action plan Hainan provincial government set for the year of 2021.
Feb. 24 , 2021
Chinese EV startup NIO has completed the validation and started the core testing for its second-generation battery swapping stations, according to a local media outlet. The stations are expected for deployment in April 2021.
Feb. 23 , 2021
Chinese EV startup WM Motor said on Feb. 9 it formed strategic partnerships with a number of banks and financial institutes for a line of credit worth 11.5 billion yuan ($1.783 billion).
Feb. 9 , 2021
Xpeng Motors said its second batch of Xpeng G3 SUVs to be sold in Norway has departed from Guangzhou. This came after the successful customer delivery of its first batch of G3s for the Norwegian market in December 2020.
Feb. 5 , 2021
HOZON Auto, a Chinese startup owning the EV brand “Nezha”, will strive to hit the annual sales target of 40,000-50,000 units for 2021, Zhang Yong, co-founder and CEO of HOZON Auto, revealed at a press conference.
Feb. 4 , 2021