EV
China no longer subsidizes new energy passenger vehicles with range below 150km
China no longer subsidizes new energy passenger vehicles with range below 150km

Government subsidies will no longer be granted to new energy passenger vehicles with a range of less than 150km, according to a new subsidy policy which took effect on June 12.

Jun. 14 , 2018
ZHIDOU gains EV procurement orders from South Korean government
ZHIDOU gains EV procurement orders from South Korean government

ZHIDOU, a subsidiary of Geely, has become the new energy vehicle (NEV) supplier together with Kia and GM, according to the latest procurement announcement by the procurement department of South Korean government.

Jun. 14 , 2018
BYTON announces close of $500 million Series B funding, operation of Nanjing global headquarters
BYTON announces close of $500 million Series B funding, operation of Nanjing global headquarters

BYTON announced on June 11 that its Nanjiang-based global headquarters started operation, together with the close of its RMB 500 million Series B funding, which included FAW Group, CATL and Tusholdings as investors.

Jun. 12 , 2018
BYD new energy vehicle sales total 14,241 units in May
BYD new energy vehicle sales total 14,241 units in May

BYD reported its sales of 37,780 units in May, seeing slight growth compared to last month. The cumulative sales through May reached 186,920 units.

Jun. 8 , 2018
BYD teams up with Baidu, Dadao in new energy, autonomous driving areas
BYD teams up with Baidu, Dadao in new energy, autonomous driving areas

BYD, Baidu and Dadao, a sharing vehicle platform, announced on June 6 that they had signed an array of cooperation agreement in new energy vehicle, autonomous driving technology and sharing operation of vehicles.

Jun. 7 , 2018
Oushang Auto to launch 12 new models from 2018 through 2021
Oushang Auto to launch 12 new models from 2018 through 2021

Oushang Auto, formerly called Changan Oushang, released its new strategy and deployment on June 4, saying that the auto brand will launch 10 to 12 new models from 2018 through 2021.

Jun. 5 , 2018