EV
Great Wall Motor to invest RMB 20 billion for EV development by 2020
Great Wall Motor to invest RMB 20 billion for EV development by 2020

Great Wall Motor aims to sell 2 million vehicles in 2025, and 700,000 units of the total volume are expected to be electric vehicles. Its president also added that her company would like to invest RMB 20 billion by 2020 to develop electric vehicles.

Mar. 8 , 2018
BAIC to build 3,000 battery swapping stations by 2020
BAIC to build 3,000 battery swapping stations by 2020

The battery swapping service can alleviate the difficulties brought by the construction of charging piles, Xu Heyi, chairman of BAIC Group said in an interview on the sidelines of the two sessions in 2018.

Mar. 8 , 2018
NEV to be Geely’s business focus
NEV to be Geely’s business focus

New energy vehicle segment will be the main business focus of Geely Auto Group in the future, Li Shufu, chairman of Zhejiang Geely Holding Group, said in an interview.

Mar. 7 , 2018
China establishes national NEV technology innovation center
China establishes national NEV technology innovation center

China has established a national new energy vehicle (NEV) technology innovation center to boost the development of NEV industry. This is the second national technology innovation center. The other one is for high-speed rail.

Mar. 2 , 2018
Xpeng welcomes chairman of JP Morgan Asia Pacific investment banking
Xpeng welcomes chairman of JP Morgan Asia Pacific investment banking

Brian Gu (Hongdi Gu), chairman of Asia Pacific investment banking of JP Morgan, will officially join Xpeng as vice chairman and president, reporting directly to He Xiaopeng, founder and chairman of Xpeng.

Mar. 2 , 2018
Ganfeng Lithium sees net profit surge of 213.95% year on year in 2017
Ganfeng Lithium sees net profit surge of 213.95% year on year in 2017

Ganfeng Lithium posted its 2017 revenue of RMB 4.38 billion with a YoY surge of 54.12%. What’s worth mentioning, its operating profit reached RMB 1.74 billion, soaring 205.77% on an annual basis.

Mar. 1 , 2018