- 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.
July 24 , 2018
- 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.
July 24 , 2018
- 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.
July 24 , 2018
- Beijing Benz to expand production to manufacture pure electric Mercedes-Benz models
Beijing Benz Automotive Co., Ltd. (BBAC), a JV co-invested by BAIC Motor, Daimler AG and Daimler Greater China Ltd. (DGRC), recently has finished the filings of three projects.
July 23 , 2018
- Yogomo changes name as Link Tour to target new energy PVs
Hebei Yogomo Vehicle Co., Ltd. (Yogomo) plans to change its name as Link Tour Automobile Co., Ltd., according to the official website of the Ministry of Industry and Information Technology.
July 23 , 2018
- Beijing adjusts NEV subsidies
The Beijing Finance Bureau announced that Beijing will adjust the municipal subsidies of new energy vehicles (NEV), saying that both the central government and local subsidies will be no more than 60%...
July 20 , 2018
- Another seven NIO Houses to open by end of September
It is revealed that NIO will open seven new NIO Houses by the end of September. Specifically, the NIO House in Xihu, Hangzhou, Shanghai center and Shenzhen, Guangzhou Province will be opened on July 2...
July 20 , 2018
- Patent images of Geely Global Hawk pure electric vehicle exposed
A range of the patent images of the Geely Global Hawk K23 recently were exposed. Positioned as a pure electric vehicle model, the model is likely to be named K23 from the badge at the rear end.
July 19 , 2018
