GAC Group will launch one new pure electric vehicle every half year from 2019. Moreover, new energy vehicle products will take up 10% of GAC Group’s annual vehicle output and sales by 2020
Sep. 4 , 2018
On Aug. 31, GAC Toyota launched its first mass-produced pure electric SUV, the GAC ix4 at the 2018 Chengdu Motor Show with two variants. With price starting from RMB 163, 800, the model also enjoys purchase tax exemption.
Sep. 3 , 2018
BAIC BJEV officially launched the EC 3, an economic battery electric vehicle at the Chengdu Motor Show 2018. With a range of 261 kilometers, the EC3 offers two variants, priced from RMB 65,800 after subsidies
Sep. 3 , 2018
In order to boost the development of NEV business, Changan Automobile announced on Aug. 28 that it plans to reorganize internal assets and transfer part of NEV-related assets, business and staff members to its wholly-owned subsidiary.
Aug. 29 , 2018
Tesla will start to make vehicles in its Shanghai plant from 2020. The initial stage will only see the production of Model 3, whose price is expected to be less than RMB 300,000, according to a local media.
Aug. 27 , 2018
Chinese EV startup NIO will reportedly go public on the New York Stock Exchange on Sept. 18. With a market valuation of $ 6 to 8 billion, NIO will raise $ 1 billion to finance its NEV development.
Aug. 24 , 2018