EV
Schaeffler signs strategic framework cooperation agreement with CATARC
Schaeffler signs strategic framework cooperation agreement with CATARC

Schaeffler and China Automotive Technology and Research Center Co., Ltd. (CATARC) signed a framework cooperation agreement on July 27, announcing that both parties will cooperate closely in various technology areas of new energy vehicles (NEV).

Jul. 27 , 2018
Lynk & Co 01 PHEV to hit market tonight with price range between RMB 240,000 and RMB 270,000
Lynk & Co 01 PHEV to hit market tonight with price range between RMB 240,000 and RMB 270,000

The Lynk & Co 01 PHEV, Lynk & Co's first plug-in hybrid electric SUV, will hit the market at around 20:15 on July 27. As disclosed previously, the 01 PHEV will be priced between RMB 240,000 and RMB 270,000 before subsidies.

Jul. 27 , 2018
CATL inks strategic agreement with JMC
CATL inks strategic agreement with JMC

JMCG and CATL signed a strategic cooperation agreement on July 25, in the presence of Qiu Tiangao, secretary of the party committee and chairman of JMCG, as well as Zeng Yuqun, chairman and founder of CATL.

Jul. 26 , 2018
China NEV ownership reaches 1.99 million units in H1
China NEV ownership reaches 1.99 million units in H1

By the end of June, China’s NEV parc totaled 1.99 million units, according to the data released by the Traffic Management Bureau of the Ministry of Public Security.

Jul. 24 , 2018
DearCC closes RMB 2 bln pre-A round funding
DearCC closes RMB 2 bln pre-A round funding

DearCC, China’s EV startup, announced that it has closed RMB 2 billion pre-A funding round in the first half of 2018, and started to raise Series A funding round.

Jul. 24 , 2018
BAIC to stop making fuel-powered vehicles by July 31 in Beijing
BAIC to stop making fuel-powered vehicles by July 31 in Beijing

Xu Heyi, chairman of BAIC Group, disclosed that BAIC Group will fully stop producing traditional fuel-powered vehicles in Beijing by July 31.

Jul. 24 , 2018