EV
BYD enriches “e” lineup with e2 BEV hitting the market
BYD enriches “e” lineup with e2 BEV hitting the market

BYD’s all-new BEV model, the e2, hit the market on September 2 with its four trim levels priced from RMB89,800 to RMB119,800.

Sep. 3 , 2019
WM Motor's "7-Series" sedan to be unveiled at Auto China next year
WM Motor's "7-Series" sedan to be unveiled at Auto China next year

WM Motor recently revealed the project of the “7-Series” medium sedan, which will probably be managed by the Chief Growth Officer as well. The concept of the new sedan will be unveiled at the Auto China 2020 in Beijing.

Sep. 3 , 2019
Tesla EVs to be exempted from China’s vehicle purchase tax
Tesla EVs to be exempted from China’s vehicle purchase tax

China will exempt Tesla’s electric vehicles from its vehicle purchase tax, China’s Ministry of Industry and Information Technology (MIIT) said on August 30, amongst an escalating trade tension with the United State.

Sep. 2 , 2019
BAIC BJEV to buy battery system from Bejing Pride Power for battery swapping facilities
BAIC BJEV to buy battery system from Bejing Pride Power for battery swapping facilities

BAIC Group’s NEV arm BJEV plans to purchase roughly 1,500 sets of fast-swapping lithium battery system from Beijing Pride Power System Technology Limited (Beijing Pride Power).

Aug. 19 , 2019
China’s new energy PV sales in July rarely drop 4% over prior-year
China’s new energy PV sales in July rarely drop 4% over prior-year

China’s new energy passenger vehicle (NEPV) wholesale volume reached 68,781 units in July, dropping 4% from the previous year, the first decline in more than two years, according to the data released by the CPCA.

Aug. 15 , 2019
Evergrande Health warns first-half net loss of RMB2 billion in NEV business
Evergrande Health warns first-half net loss of RMB2 billion in NEV business

Evergrande Health is expected to record a net loss for the first half of 2019 of approximately RMB2 billion, versus the net profit of around RMB200 million for the same period in 2018, the company announced on August 9.

Aug. 14 , 2019