China has been honored the world’s largest NEV market in terms of both outputs and sales for the fifth year in a row as of 2019, said Xin Guobin, vice minister of China’s Ministry of Industry and Information Technology (MIIT).
Aug. 3 , 2020
Chinese EV innovator WM Motor plans to roll out a sedan and two SUV models in the second half of 2020 and the year of 2021, some of which are likely to be powered by Level 4 autonomous driving and 5G technologies, according to a local media report.
Jul. 29 , 2020
According to the China Insurance Regulatory Commission (CIRC), the so-called first-tier startups—NIO, Li Auto, WM Motor, Xpeng Motors and HOZON Auto—accounted for nearly 90% of the June insurance registrations of the Chinese startup-made NEVs.
Jul. 29 , 2020
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
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
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