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
Baoneng Group and Kunshan municipal government, Jiangsu province, signed a range of investment cooperation agreements on October 16, which includes the program of building a NEV (new energy vehicle) base in Kunshan.
Oct. 17 , 2018
The Lifan 820EV, a BEV model developed by Chinese automaker Lifan Motors, officially went on sales in recent days. The price for the new model ranges between RMB256,800 to RMB279,800 before the subsidy is given to consumers.
Oct. 16 , 2018
SAIC Volkswagen’s Tiguan L PHEV (plug-in hybrid electric vehicle), the Volkswagen’s first volume HEV (hybrid electric vehicle) model in China, is expected to go on sale on October 19 after it was unveiled at Chengdu Motor Show 2018.
Oct. 10 , 2018
Chinese EV startup CHJ Automotive (CHJ) will officially launch its first model, a range-extended electric SUV, on October 18, according to local media.
Sep. 30 , 2018
BAIC BJEV’s market value plunged by RMB 18.6 billion after BAIC Bluepark, the shell company for the company to go public, resumed trading on Shanghai stock exchange.
Sep. 28 , 2018