BAIC BJEV delivered 11,560 vehicles in September, achieving a year-on-year jump of 35.22%. For the first nine months, the subsidiary saw its year-to-date sales surged 61.40% from a year ago to 81,678 units, completing 54.45% of sales target.
Oct. 19 , 2018On October 18, BAIC BJEV, the EV unit of the state-owned BAIC Group, announced its 2025 mid-long term technology development planning and also elaborated on its artificial intelligence auto system, the Darwin System.
Oct. 18 , 2018On 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 , 2018CATL announced its profit forecast saying that excluding the non-recurring items, the company will see its net profits in the third quarter reach around RMB1.26 billion to RMB1.33 billion with year-on-year surge of 119.88% to 133.48%.
Oct. 15 , 2018Changan Auto will set up a manufacturing base in the province to build new energy vehicles. The total annual capacity of the new base will be 240,000 units and the output of the first phase will be 120,000 per year.
Oct. 11 , 2018SAIC 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.
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