EV
Installed capacity of power battery reaches 2.87GWh in June
Installed capacity of power battery reaches 2.87GWh in June

China’s installed capacity of power battery for new energy vehicles (NEV) reached 2.87GWh in June, leaping 33.58% year on year while sliding 36.57% month on month.

Jul. 17 , 2018
CATL gains RMB 2.8525 billion prepayment for battery products from BMW Brilliance
CATL gains RMB 2.8525 billion prepayment for battery products from BMW Brilliance

On July 17, CATL announced that considering the long-term strategic partnership between CATL and BMW Brilliance, CATL signed a strategic cooperation agreement with BMW Brilliance and will further deepen cooperation with the joint venture.

Jul. 17 , 2018
BAIC Group reports profits growth of 17% year on year in H1
BAIC Group reports profits growth of 17% year on year in H1

BAIC Group reported a 9.5% revenue growth and a 17% profit increase in the first half of this year. Moreover, it delivered 1,203,000 vehicles in the first half with an increase of 7.6% from the previous year.

Jul. 16 , 2018
BYD tops 220,000 vehicles in H1 with NEV sales soaring 106% year on year
BYD tops 220,000 vehicles in H1 with NEV sales soaring 106% year on year

BYD deliveries advanced 21% year on year to 220,883 units in the first half of this year.

Jul. 11 , 2018
Tesla China plant said to roll into Lingang Area, Shanghai
Tesla China plant said to roll into Lingang Area, Shanghai

Tesla signed an investment agreement on pure electric vehicle project with Shanghai Lingang Area Development Administration and Lingang Group on July 10, saying that the storied EV maker will invest all by itself to build the Gigafactory 3.

Jul. 10 , 2018
BAIC BJEV launches new business mode to separate values of EVs, batteries
BAIC BJEV launches new business mode to separate values of EVs, batteries

BAIC BJEV, a subsidiary under China’s BAIC Group, officially launched a private market-oriented new business mode that separates batteries value from the value of electric vehicles (EV).

Jul. 10 , 2018