EV
NIO’s 3rd production model EC6 hits market with price starting at 368,000 yuan before subsidy
NIO’s 3rd production model EC6 hits market with price starting at 368,000 yuan before subsidy

EV innovator NIO’s third mass-produced model, the NIO EC6, went on sale at the Chengdu Motor Show 2020 with three variants offered at one go. The vehicle is sold at the pre-subsidy prices ranging from 368,000 yuan ($52,542) to 526,000 yuan ($75,101).

Jul. 24 , 2020
NIO said to build battery asset management company to boost separation of battery, vehicle
NIO said to build battery asset management company to boost separation of battery, vehicle

Chinese EV startup plans to set up a subsidiary focusing on managing its battery assets and correspondingly launch BaaS (Battery as a Service) products, people with knowledge of the plan said.

Jul. 23 , 2020
BMW intends to have EVE Power as second local battery supplier for China market
BMW intends to have EVE Power as second local battery supplier for China market

On July 21, EVE Energy announced that its subsidiary EVE Power Co.,Ltd. has received a statement of intent to cooperate which said BMW Brilliance Automotive Ltd. is interested in partnering with EVE Power to let the latter be its battery supplier.

Jul. 22 , 2020
China’s Evergrande sets up two NEV subsidiaries in early July
China’s Evergrande sets up two NEV subsidiaries in early July

Real estate conglomerate China Evergrande Group established on July 10 a Guangdong-based subsidiary whose one of major businesses is the R&D of NEV-related technologies, according to the enterprise information query platform Tianyancha.

Jul. 15 , 2020
Tesla said to step up cooperation with Chongqing Liangjiang New Area in sales, after-sale services
Tesla said to step up cooperation with Chongqing Liangjiang New Area in sales, after-sale services

Tesla attempts to deepen the collaboration with the local government of Chongqing Liangjiang New Area in building sales and maintenance centers, according to people with direct knowledge of the plans said.

Jul. 14 , 2020
Great Wall Motor to tap NEV charging pile business
Great Wall Motor to tap NEV charging pile business

Great Wall Motor Company Limited (GWM) intends to tap the business related to new energy vehicle (NEV) charging pile to support its NEV development.

Jul. 14 , 2020