EV
Startup AIWAYS said to obtain RMB1 billion investment from government-backed fund
Startup AIWAYS said to obtain RMB1 billion investment from government-backed fund

China’s EV startup AIWAYS has got RMB1 billion worth of investment, which is backed by a fund entity named Shangrao Mingchi New Energy Innovative Center (Limited Partnership) (hereinafter referred to as Mingchi Fund or targeted fund).

May 29 , 2019
BYD Delivers Argentina's First Ever Pure Electric Bus Fleet
BYD Delivers Argentina's First Ever Pure Electric Bus Fleet

A fleet of 12 BYD K9 pure electric buses bound for the city of Mendoza, Argentina, arrived at the port of San Antonio in Chile on May 20.

May 29 , 2019
Tesla Will More Than Double Production & Deliveries In Q2 2019
Tesla Will More Than Double Production & Deliveries In Q2 2019

According to the recent Elon Musk email to all employees, the current quarter could be a record one in terms of the number of Tesla cars delivered.

May 28 , 2019
BYD says newly received RMB3.458 billion state’s NEV subsidy helps improve cash flow
BYD says newly received RMB3.458 billion state’s NEV subsidy helps improve cash flow

BYD Company Limited said on May 22 that its subsidiary BYD Auto Industry Company Limited has received the state’s subsidy on new energy vehicle promotion amounting to RMB3.458 billion from Shenzhen Pingshan District Finance Bureau.

May 23 , 2019
Over 20 cities, provinces in China issue policy to develop hydrogen industry
Over 20 cities, provinces in China issue policy to develop hydrogen industry

Roughly estimated, over 20 cities and provinces in this country have released their planning on developing hydrogen energy and hydrogen fuel-cell vehicles, forming six regional industrial clusters across China, according to China’s media outlets.

May 21 , 2019
BAIC BJEV’s handbag-shaped LITE-R300 EV hits the market on China’s Internet Valentine's Day
BAIC BJEV’s handbag-shaped LITE-R300 EV hits the market on China’s Internet Valentine's Day

BAIC BJEV’s LITE-R300 mid-sized EV officially hit the market on May 20, China's so-called Internet Valentine's Day. With three variants to be offered, the new model is priced between RMB110,800 and RMB126,800 after subsidy.

May 21 , 2019