EV
SGWM launches energy storage station featuring battery cascade utilization
SGWM launches energy storage station featuring battery cascade utilization

SAIC-GM-Wuling (SGMW), a joint venture among General Motors, SAIC Motors and Liuzhou Wuling Motors, celebrated on June 30 the launch of a large-scale energy storage power station that achieves cascade utilization of power batteries in Guangxi.

Jun. 30 , 2020
NIO Announces Substantial Completion of Cash Injections into NIO China in June
NIO Announces Substantial Completion of Cash Injections into NIO China in June

NIO (Anhui) Holding Co., Ltd., or NIO Anhui has received from the investors RMB4.8 billion out of the RMB5 billion of cash investments for the first two installments.

Jun. 30 , 2020
FAW-Toyota starts construction of new NEV base in Tianjin
FAW-Toyota starts construction of new NEV base in Tianjin

FAW-Toyota celebrated on June 29 the first spade cut for its new energy vehicle (NEV) manufacturing base in Binhai New Area, Tianjin, marking the beginning of the Sino-Japanese joint venture’s transition to NEVs.

Jun. 30 , 2020
BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds
BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds

BAIC BJEV, BAIC Group’s NEV arm, plans to publicly issue corporate bonds with a principal amounting to not more than 3 billion yuan ($423,268,500), according to its parent company BAIC BluePark New Energy Technology Co.,Ltd.

Jun. 19 , 2020
Photos of FAW-Volkswagen's ID.4 all-electric SUV exposed
Photos of FAW-Volkswagen's ID.4 all-electric SUV exposed

The ID.4, Volkswagen’s first mass-produced all-electric SUV, was exposed in patent images from China’s Ministry of Industry and Information Technology (MIIT).

Jun. 18 , 2020
Dongfeng Motor, CATL cement cooperation for better NEV development
Dongfeng Motor, CATL cement cooperation for better NEV development

Dongfeng Motor Corporation and CATL agreed to step up their strategic collaboration on NEV development, which is expected to help promote the building and perfection of China’s NEV industrial ecosystem.

Jun. 17 , 2020