EV
EV startup Sitech closes Series B funding round, almost reaches unicorn status
EV startup Sitech closes Series B funding round, almost reaches unicorn status

Sitech on May 16 announced the completion of a Series B funding round, which is led by an industrial investment fund of Changshou District in Chongqing. Up until now, the startup is valued at over RMB10 billion, almost reaching a unicorn status.

May 16 , 2019
In April 2019, BMW Group Plug-In Car Sales Decreased Slightly
In April 2019, BMW Group Plug-In Car Sales Decreased Slightly

Almost 1 in 20 BMW/MINI sold in April was a plug-in, but sales decreased a little bit.

May 15 , 2019
CATL signs EV battery deal with Volvo Cars
CATL signs EV battery deal with Volvo Cars

China’s power battery maker Contemporary Amperex Technology Limited (CATL) has signed a cooperation agreement with Volvo Cars to supply electric car batteries for the latter’s next-generation EVs and Polestar cars, CATL announced on May 15.

May 15 , 2019
BAIC BJEV posts 2.5% year on year decline in Jan.-Apr. sales
BAIC BJEV posts 2.5% year on year decline in Jan.-Apr. sales

BAIC BJEV’s vehicle sales in April, 2019 plunged 50.1% over the previous year to 5,009 units. For the first four months, its cumulative sales have aggregated 30,078 units, edging down 2.5% year on year.

May 13 , 2019
Nobina increases BYD eBus orders to 138
Nobina increases BYD eBus orders to 138

​2019-05-06 Nobina, Sweden's and the Nordic region's largest bus operator, has added a further 20 eBuses to its growing intake of orders from world-leading electric bus manufacturer, BYD.

May 10 , 2019
EV Incentives Return For Washington State Buyers
EV Incentives Return For Washington State Buyers

In a bid to speed up the adoption of plug-in vehicles, Washington state has restored its tax incentive program for electric cars.

May 10 , 2019