EV
27 local automakers’ qualification to build NEVs likely to be revoked
27 local automakers’ qualification to build NEVs likely to be revoked

The first batch of New Energy Vehicle (NEV) Manufacturers for Public Notice, which lists a total of 27 NEV makers, such as Brilliance Auto, Hafei Automobile, Changan Peugeot Citroen, and Wanxiang Electric Vehicle.

Nov. 8 , 2018
BYD new “e” product matrix consisting of 8 EV models
BYD new “e” product matrix consisting of 8 EV models

BYD plans to build the “e” product matrix consisting of 8 EV models—the BYD S2, S3, S5, e1, e2, e3, e5 and e6, according to local media. This indicates that the automaker will roll out more new EV models in the future.

Nov. 7 , 2018
NIO Q3 revenues skyrocket 3095.3% over Q2 to RMB1.47 billion
NIO Q3 revenues skyrocket 3095.3% over Q2 to RMB1.47 billion

Chinese EV startup NIO announced that its revenues in Q3 tremendously surged 3095.3% over the previous quarter to RMB1.47 billion. However, the EV maker still took on a net loss of RMB2.81 billion in Q3, 56.6% more than that of Q2.

Nov. 7 , 2018
Changan Automobile NEV subsidiary to bring in new investors for Mission Shangri-La
Changan Automobile NEV subsidiary to bring in new investors for Mission Shangri-La

Changan Automobile announced on October 19 that its wholly-owned subsidiary Chongqing Changan New Energy Vehicle Technology Co., Ltd. plans to bring in no less than 3 new strategy investors to accelerate the deployment of the Mission Shangri-La.

Oct. 22 , 2018
BAIC BJEV completes 54.45% of annual sales target from Jan. to Sept.
BAIC BJEV completes 54.45% of annual sales target from Jan. to Sept.

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 , 2018
BAIC BJEV announces mid-long term technology development planning
BAIC BJEV announces mid-long term technology development planning

On 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 , 2018