- Geely-backed NEV brand Maple unveils first production model Maple 30X
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 Ap...
Mar. 25 , 2020
- Startup REECH AUTO introduces government-backed firm as majority shareholder
REECH AUTO has introduced a new shareholder backed by Henan provincial government, making it the first Chinese EV startup held by government-owned investor.
Mar. 24 , 2020
- Evergrande Health expected to record 2019 net loss of RMB3.2 bln in NEV business
On March 22, Evergrande Health, a listed subsidiary of Evergrande Group, warned of a year-on-year widened net loss in 2019 due to its investment in new energy vehicle (NEV) business.
Mar. 23 , 2020
- NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2019 Financial Results
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, on Mar. 18 announced its unaudited financial results for the fourth quarter and full year...
Mar. 18 , 2020
- SAIC’s RMB500 million worth of fuel cell project launched in Jiading
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 industrializati...
Mar. 17 , 2020
- BYD announces foundation of five auto parts subsidiaries
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 for the second time receive NEV subsidy in March
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) promo...
Mar. 11 , 2020
- NIO delivers 707 vehicles in February 2020
NIO delivered 707 vehicles in February 2020, consisted of 671 ES6s, the Company’s 5-seater high-performance premium electric SUV, and 36 ES8s, the Company’s 7-seater high-performance premium elect...
Mar. 10 , 2020
