EV
BYD new “e” product matrix consisting of 8 EV models
BYD new “e” product matrix consisting of 8 EV models

BYD plans to build the “e” product matrix consisting of 8 EV models—the BYD S2, S3, S5, e1, e2, e3, e5 and e6, according to local media. This indicates that the automaker will roll out more new EV models in the future.

Nov. 7 , 2018
NIO Q3 revenues skyrocket 3095.3% over Q2 to RMB1.47 billion
NIO Q3 revenues skyrocket 3095.3% over Q2 to RMB1.47 billion

Chinese EV startup NIO announced that its revenues in Q3 tremendously surged 3095.3% over the previous quarter to RMB1.47 billion. However, the EV maker still took on a net loss of RMB2.81 billion in Q3, 56.6% more than that of Q2.

Nov. 7 , 2018
NEVS approved by MIIT, NDRC to produce all-electric vehicles
NEVS approved by MIIT, NDRC to produce all-electric vehicles

National New Energy Vehicle Co., Ltd. (the NEV Company),a subsidiary of National Electric Vehicle Sweden AB(NEVS), was granted the certificate to produce all-electric vehicles by the MIIT on November 5.

Nov. 5 , 2018
BAIC BJEV completes 54.45% of annual sales target from Jan. to Sept.
BAIC BJEV completes 54.45% of annual sales target from Jan. to Sept.

BAIC BJEV delivered 11,560 vehicles in September, achieving a year-on-year jump of 35.22%. For the first nine months, the subsidiary saw its year-to-date sales surged 61.40% from a year ago to 81,678 units, completing 54.45% of sales target.

Oct. 19 , 2018
BAIC BJEV announces mid-long term technology development planning
BAIC BJEV announces mid-long term technology development planning

On October 18, BAIC BJEV, the EV unit of the state-owned BAIC Group, announced its 2025 mid-long term technology development planning and also elaborated on its artificial intelligence auto system, the Darwin System.

Oct. 18 , 2018
China announces plans for Hainan free trade zone, to remove caps on NEV foreigner ownership
China announces plans for Hainan free trade zone, to remove caps on NEV foreigner ownership

On October 16, China revealed the plans on turning the southern island province of Hainan into a free trade zone (FTZ), clearly saying that the caps on foreign ownership in the NEV (new energy vehicle) sector will be removed in the future.

Oct. 18 , 2018