EV
ORA R1 to hit market on Dec. 26, presale price with subsidies less than RMB80,000
ORA R1 to hit market on Dec. 26, presale price with subsidies less than RMB80,000

The ORA R1, the second model under Great Wall Motor’s NEV brand ORA, will reportedly hit the market on December 26. Presale prices for three variants of the new model range between RMB61,800 and RMB75,800 with subsidies.

Dec. 19 , 2018
BAIC BJEV aims to sell 220,000 NEVs in 2019
BAIC BJEV aims to sell 220,000 NEVs in 2019

The automaker’s 2018 annual sales target of 150,000 units is within reach and BAIC BJEV aims to sell 220,000 new energy vehicles in 2019, Li Xiuyi, vice general manager of the automaker said at a conference.

Dec. 17 , 2018
CATL-GAC Group joint venture to invest RMB4.226 billion in power battery program
CATL-GAC Group joint venture to invest RMB4.226 billion in power battery program

CATL, a China-based vehicle and energy storage battery maker, announced on December 14 that its board of directors has agreed CATL-GAC Power Battery Co.,Ltd (CATL-GAC) to invest around RMB4.226 billion in a power battery base program.

Dec. 17 , 2018
China Jan-Nov new energy PV wholesale volume shoots up 87% YoY
China Jan-Nov new energy PV wholesale volume shoots up 87% YoY

China saw its wholesale volume of new energy passenger vehicles (PV) amount to 131,880 units in November, surging 63% from the previous year, according to the data released by the China Passenger Car Association (CPCA).

Dec. 12 , 2018
VW brand ambitious to build 1 million NEVs yearly in China by 2025
VW brand ambitious to build 1 million NEVs yearly in China by 2025

Volkswagen is ambitious to build 1 million new energy vehicles (NEVs) per year in China by 2025. Consumers will have wide choice of BEV versions and all new models are expected to be fully connected from 2019 on.

Dec. 11 , 2018
WEY to launch hydrogen-powered vehicle model in 2020, foray into Germany in 2021
WEY to launch hydrogen-powered vehicle model in 2020, foray into Germany in 2021

WEY plans to release its first hydrogen-powered vehicle model in 2020 and formally launch fuel-cell volume production model in 2022, aiming to making NEV sales account for 50% of the brand’s overall sales by 2030.

Dec. 11 , 2018