EV
China-built Model 3 accounts for 73% of Tesla models’ China insurance registration in Jan.
China-built Model 3 accounts for 73% of Tesla models’ China insurance registration in Jan.

In January, a total of 3,563 consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicle (MLI) for Tesla-branded vehicles, according to the China Insurance Regulatory Commission.

Feb. 28 , 2020
Foton Motor establishes NEV joint venture with state-owned Beijing Public Transport
Foton Motor establishes NEV joint venture with state-owned Beijing Public Transport

China’s CV manufacturer Foton Motor and Beijing Public Transport recently founded a NEV joint venture with the former grasping the most of shares.

Feb. 28 , 2020
FAW-Toyota said to build new plant with annual capacity of 200,000 NEVs
FAW-Toyota said to build new plant with annual capacity of 200,000 NEVs

FAW-Toyota prepared to construct a new plant with annual capacity of 200,000 NEV in Tianjin, a local media outlet reported on Feb. 27, for the second time expanding NEV capacity since 2018.

Feb. 27 , 2020
China intends to lower threshold for automakers to get NEV building qualification
China intends to lower threshold for automakers to get NEV building qualification

China’s Ministry of Industry and Information Technology (MIIT) is soliciting public opinion on the amended Provisions on the Access Administration of New Energy Vehicle Manufacturers and Products.

Feb. 11 , 2020
NIO Inc. Provides January 2020 Delivery Update
NIO Inc. Provides January 2020 Delivery Update

NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today provided its January 2020 delivery results.

Feb. 11 , 2020
NIO Announces Private Placement of US$100 Million Short-term Convertible Notes
NIO Announces Private Placement of US$100 Million Short-term Convertible Notes

NIO will issue and sell convertible notes in an aggregate principal amount of US$70 million to an unaffiliated Asia based investment fund through a private placement.

Feb. 6 , 2020