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  • MIIT:
    MIIT: China to develop demonstration area for fuel cell vehicles

    MIIT will focus on the implementation of dual-credit policy, completion of NEV subsidy policy system, conduction of demonstration operation for fuel cell vehicles and the enhancement of NEV safety man...

    Sept. 03 , 2018

    • BYD
      BYD suffers YoY net profit plunge of 72.19% in H1

      BYD’s revenue advanced 20.23% over the previous year to RMB 54.151 billion during the first half of 2018. The net profit of BYD plunged 72.19% from a year ago to RMB 479.1 million, according to BYD�...

      Aug. 30 , 2018

      • CHJ
        CHJ Automotive to invest RMB 11 billion to build manufacturing base in Chongqing

        Chinese EV startup CHJ Automotive recently signed an agreement with Chongqing Liangjiang New Area, saying that the start-up will invest RMB 10 billion to build an intelligent automobile manufacturing ...

        Aug. 29 , 2018

        • Changan
          Changan transfers NEV business, assets to wholly-owned subsidiary

          In order to boost the development of NEV business, Changan Automobile announced on Aug. 28 that it plans to reorganize internal assets and transfer part of NEV-related assets, business and staff membe...

          Aug. 29 , 2018

          • Tesla
            Tesla reportedly starts to build cars in China in 2020

            Tesla will start to make vehicles in its Shanghai plant from 2020. The initial stage will only see the production of Model 3, whose price is expected to be less than RMB 300,000, according to a local ...

            Aug. 27 , 2018

            • NIO
              NIO denies to go public on Sept. 18 on New York Stock Exchange

              Chinese EV startup NIO will reportedly go public on the New York Stock Exchange on Sept. 18. With a market valuation of $ 6 to 8 billion, NIO will raise $ 1 billion to finance its NEV development.

              Aug. 24 , 2018

              • Sokon
                Sokon approves proposal of equity incentive in subsidiary

                Chongqing Sokon Industry Group Stock Co., Ltd (Sokon) announced on Aug. 21 that the board of directors approved the proposal on adopting equity incentive for senior executives in its subsidiary, Jinka...

                Aug. 23 , 2018

                • NIO
                  NIO has reportedly $37 billion valuation shrunk $29 billion

                  On Aug. 21, Chinese EV startup NIO reportedly had suffered substantial valuation shrink, which only ranged between $8 billion and $10 billion, $ 27 to 29 billion less than the previous valuation of $ ...

                  Aug. 23 , 2018

                  • Youxia
                    Youxia Motor closes $ 350 million B+ funding round

                    On Aug. 22, Youxia Motors announced the completion of $ 350 million series B+ funding round, which was totally invested by Gezhi Capital. In the meantime, Gezhi Capital also became the second largest ...

                    Aug. 22 , 2018

                    • Price
                      Price of NIO ES 6 to start from RMB 180,000

                      The NIO ES6, a five-seat high-end pure electric SUV to be based on the same platform as the ES 8, will be priced between RMB 180,000 and RMB 200,000 and hit the market in the first half of 2019.

                      Aug. 21 , 2018

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Gasgoo Awards 2022 applicant: Automotive 16-bit ADC from CHIPWAYS

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