EV
SAIC-GM, CATL sign strategic cooperation agreement to research, develop NEV batteries
SAIC-GM, CATL sign strategic cooperation agreement to research, develop NEV batteries

SAIC-GM and China’s EV battery giant CATL signed a strategic cooperation agreement in Shanghai, saying that both parties will join forces to seek in-depth exploration in battery technology field.

Sep. 4 , 2018
GAC Group to launch one pure electric vehicle per half year from 2019
GAC Group to launch one pure electric vehicle per half year from 2019

GAC Group will launch one new pure electric vehicle every half year from 2019. Moreover, new energy vehicle products will take up 10% of GAC Group’s annual vehicle output and sales by 2020

Sep. 4 , 2018
GAC Toyota launches pure electric SUV at Chengdu Motor Show 2018
GAC Toyota launches pure electric SUV at Chengdu Motor Show 2018

On Aug. 31, GAC Toyota launched its first mass-produced pure electric SUV, the GAC ix4 at the 2018 Chengdu Motor Show with two variants. With price starting from RMB 163, 800, the model also enjoys purchase tax exemption.

Sep. 3 , 2018
CHJ Automotive to invest RMB 11 billion to build manufacturing base in Chongqing
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 base in Chongqing.

Aug. 29 , 2018
Changan transfers NEV business, assets to wholly-owned subsidiary
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 members to its wholly-owned subsidiary.

Aug. 29 , 2018
Tesla reportedly starts to build cars in China in 2020
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 media.

Aug. 27 , 2018