EV
WM Motor, state-owned China Tower ally on EV battery cascade utilization, recycling
WM Motor, state-owned China Tower ally on EV battery cascade utilization, recycling

Chinese EV startup WM Motor and China Tower, a state-owned wireless infrastructure owner, signed a strategic cooperation agreement on October 31 that focuses on the cascade utilization and recycling of new energy vehicle (NEV) power batteries.

Nov. 2 , 2018
GAC Honda to plow RMB3.27 billion into NEV assembly lines with annual capacity of 170,000 units
GAC Honda to plow RMB3.27 billion into NEV assembly lines with annual capacity of 170,000 units

Chinese automaker GAC Group announced on October 31 that it has agreed GAC Honda to invest RMB2.99 billion in building a new NEV (new energy vehicle) plant with an annual capacity of 120,000 units, according to local media.

Nov. 1 , 2018
Changan Automobile NEV subsidiary to bring in new investors for Mission Shangri-La
Changan Automobile NEV subsidiary to bring in new investors for Mission Shangri-La

Changan Automobile announced on October 19 that its wholly-owned subsidiary Chongqing Changan New Energy Vehicle Technology Co., Ltd. plans to bring in no less than 3 new strategy investors to accelerate the deployment of the Mission Shangri-La.

Oct. 22 , 2018
Baoneng brings NEV manufacturing program in Kunshan, Jiangsu Province
Baoneng brings NEV manufacturing program in Kunshan, Jiangsu Province

Baoneng Group and Kunshan municipal government, Jiangsu province, signed a range of investment cooperation agreements on October 16, which includes the program of building a NEV (new energy vehicle) base in Kunshan.

Oct. 17 , 2018
Lifan 820EV hits market, priced from RMB256,800 before incentives
Lifan 820EV hits market, priced from RMB256,800 before incentives

The Lifan 820EV, a BEV model developed by Chinese automaker Lifan Motors, officially went on sales in recent days. The price for the new model ranges between RMB256,800 to RMB279,800 before the subsidy is given to consumers.

Oct. 16 , 2018
NIO delivers 3,268 ES8s in Q3, with ES6 to be delivered from next summer
NIO delivers 3,268 ES8s in Q3, with ES6 to be delivered from next summer

NIO delivered 1,766 ES8s in September, surging 57.5% compared with the previous month. The company will start to deliver its second model, the ES6, from next summer.

Oct. 16 , 2018