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’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
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 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
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 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