EV
GWM, BMW new JV sited in Zhangjiagang, Jiangsu Province officially
GWM, BMW new JV sited in Zhangjiagang, Jiangsu Province officially

On Aug. 13, GWM signed an investment agreement on complete vehicle joint venture project with Zhangjiagang Municipal Government, signifying that Spotlight Automotive project jointly developed by GWM and BMW officially sited in Zhangjiagang.

Aug. 14 , 2018
NIO to unveil 5 new models over next five years
NIO to unveil 5 new models over next five years

In the wake of the exposure of NIO’s prospectus submitted to the U.S. Securities and Exchange Commission (SEC), NIO’s new model plan, which has at least five new models covering SUV, sedan and MPV, was also revealed by media.

Aug. 14 , 2018
China sees new energy PV sales leap 65% to 70,835 units in July
China sees new energy PV sales leap 65% to 70,835 units in July

China posted new energy passenger vehicle sales of 70,835 units in July, leaping 65% from the corresponding period a year ago, while edging down 1% compared with June

Aug. 10 , 2018
Faraday Future based in Guangzhou changes name as Evergrande Faraday Future
Faraday Future based in Guangzhou changes name as Evergrande Faraday Future

Faraday Future’s subsidiary, Ruichi Intelligent Vehicle (Guangzhou) Co., Ltd. founded in Guangzhou, changed its name as Evergrande Faraday Future Intelligent Vehicle (Guangdong) Co., Ltd. on July 24.

Aug. 6 , 2018
Lynk & Co 02 PHEV caught on road test
Lynk & Co 02 PHEV caught on road test

A test mule of the Lynk & Co 02 PHEV was recently spied on a road test. According to its spy shots, the 02 PHEV retains almost the same design style as the exterior of its gasoline version.

Aug. 3 , 2018
Ministry of Finance: NEV to be exempt from vehicle, vessel tax
Ministry of Finance: NEV to be exempt from vehicle, vessel tax

On July 31, the Ministry of Finance together with other three government departments jointly announced that new energy vehicles (NEV) and vessels will be exempt from vehicle and vessel tax, and such tax for energy-saving vehicles will be halved.

Aug. 2 , 2018