- Shareholder of Evergrande NEVS (Shanghai) to sell 20% stake
Shanghai Songjiang Economic & Technological Development Group, one of the two shareholders of Evergrande NEVS (Shanghai), is going to transfer its 20% stake in Evergrande NEVS (Shanghai).
Dec. 16 , 2019
- China’s homegrown new energy PV sales slide YoY for 5th month in a row
China’s automakers sold roughly 79,000 locally-produced new energy PVs (NEPVs, referring to all-electric PVs and plug-in hybrid PVs) in November, clocking a sharp decrease of 41.7% over a year ago, ...
Dec. 16 , 2019
- Sky-well New Energy Automobile, BAK Battery to ally on battery supply, NEV tech development
On December 12, Sky-well New Energy Automobile Group Co. Ltd (Sky-well) and Shenzhen BAK Power Battery Co., Ltd (BAK Battery) agreed to forge a long-term strategic partnership on new energy vehicle (N...
Dec. 13 , 2019
- China’s NEV subsidies occurred in 2018 to total RMB13.778 billion
China’s Ministry of Industry and Information Technology (MIIT) said on December 10 the government subsidies for new energy vehicle (NEV) promotion and application that occurred in 2018 were forecast...
Dec. 12 , 2019
- Beijing Benz’s NEV plant in Shunyi to start production
With the completition of its assembly shop, Beijing Benz’s NEV (new energy vehicle) plant in Shunyi will start production in the near future, according to local media outlets.
Dec. 12 , 2019
- Newborn brand “Skywell” makes inroads into China’s NEV domain
A new entrant burst into China’s NEV market in the year-end period, which is expected to change the existing landscape of China’s EV industry.
Dec. 12 , 2019
- Xpeng Motors announces battery charging service cooperation with NIO Power
Xpeng Motors today announced that it had signed an agreement with NIO Power to collaborate on battery charging services.
Dec. 11 , 2019
- BAIC BJEV’s Jan.-Nov. auto sales dip 11.2% year on year
As of November, 2019, BAIC Group’s NEV unit BJEV had posted sales downturn for the third month in a row, which led to a higher decrease in its year-to-date sales.
Dec. 10 , 2019
