Chinese home appliance giant Midea Group will spend RMB740 million to control 23.73% of voting shares in Beijing-based variable frequency drive supplier Hiconics Eco-energy Technology (Hiconics).
Apr. 2 , 2020
HYCAN, the NEV brand co-founded by GAC Group and NIO, unveiled on March 25 the six body colors of its first production model HYCAN 007.
Mar. 26 , 2020
Maple, a NEV brand backed by Geely Technology Group, unveiled the look of its first production EV model, the Maple 30X, which rolled off the production line on Jan. 13 and is said to be launched in April this year.
Mar. 25 , 2020
Shanghai Hydrogen Propulsion Technology Co., Ltd. (SHPT) launched on March 16 a new fuel cell project at Jiading District in Shanghai, which is expected to help SAIC Motor speed up the industrialization of fuel cell-related products.
Mar. 17 , 2020
BYD recently announced the establishment of five subsidiaries, in a bid to speed up the sale of NEV-related core components.
Mar. 16 , 2020
BYD Company Limited said on March 10 the Xi’an Finance Bureau will allocate to its subsidiary BYD Automobile Co.,Ltd RMB1,983,510,000 of central government subsidy for new energy vehicle (NEV) promotion that occurred in 2018.
Mar. 11 , 2020