EV
BYD JV's lithium battery program investment totals RMB 4.85 billion
BYD JV's lithium battery program investment totals RMB 4.85 billion

The registered capital of the JV totaled RMB 500 million, among which BYD has 49 percent stake, Qinghai Salt Lake 49.5 and the rest belongs to the investment firm.

Dec. 28 , 2017
China to exempt NEV purchase tax for another 3 years
China to exempt NEV purchase tax for another 3 years

China’s Ministry of Finance announced on Wednesday that the new energy vehicle (NEV) purchasing tax exemption will be continued for another 3 years, from the first day of 2018 to the end of 2020.

Dec. 27 , 2017
China should make regulations for development of methanol vehicles
China should make regulations for development of methanol vehicles

The industry has made great progress in the problems of cool starting and the reliability in methanol supply system. Thus, the government and relevant departments should formulate policies to promote the popularity of methanol vehicles.

Dec. 27 , 2017
NIO battery swapping technology faces suspicion
NIO battery swapping technology faces suspicion

NIO first mass-produced model ES8 has attracted great attention since its launching on December 16th. The model provides two versions with selling prices for basic version and Founder version reaching RMB 448,000 and 548,000 before subsidies.

Dec. 25 , 2017
Byton first model in mass produce equips with 50-inch big screen
Byton first model in mass produce equips with 50-inch big screen

As a new global auto manufacturer brand located in domestic market with two German senior managers and most funds from Chinese market, Byton has always attracted great attention from the industry.

Dec. 25 , 2017
Changan ambitious to sell 80,000 NEVs next year
Changan ambitious to sell 80,000 NEVs next year

Changan will expand the existing new energy and trial workshop in Beijing factory. At the launching ceremony of Changan Raeton CC, Gong Bing, vice president of Changan, said that they targets 80,000-unit sales of its new energy vehicle next year.

Dec. 22 , 2017