EV
XPENG Motors registers property company for Zhaoqing plant’s daily operation
XPENG Motors registers property company for Zhaoqing plant’s daily operation

Guangzhou Xiaopeng Motors Investment Co.,Ltd and Zhaoqing Hi-tech Zone Construction Investment Development Co.,Ltd founded a house property company on May 17, according to an investment record from Qichacha, a Chinese enterprise data search platform.

May 24 , 2019
China EV startup AIWAYS said to acquire stakes in Jiangling Motors
China EV startup AIWAYS said to acquire stakes in Jiangling Motors

China-based EV startup AIWAYS is said to acquire stakes in Jiangling Motors Co., Ltd. (JMC), while the detail transaction value still remained unknown, according to a financing record exposed by Tianyancha on May 23.

May 24 , 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
European Countries By Plug-In Car Market Share In Q1 2019
European Countries By Plug-In Car Market Share In Q1 2019

The average market share of passenger plug-in electric cars in Europe - the European Union and EFTA (Norway + Switzerland) to be precise - amounted in Q1 2019 to nearly 3.1%.

May 16 , 2019
EV startup Sitech closes Series B funding round, almost reaches unicorn status
EV startup Sitech closes Series B funding round, almost reaches unicorn status

Sitech on May 16 announced the completion of a Series B funding round, which is led by an industrial investment fund of Changshou District in Chongqing. Up until now, the startup is valued at over RMB10 billion, almost reaching a unicorn status.

May 16 , 2019
In April 2019, BMW Group Plug-In Car Sales Decreased Slightly
In April 2019, BMW Group Plug-In Car Sales Decreased Slightly

Almost 1 in 20 BMW/MINI sold in April was a plug-in, but sales decreased a little bit.

May 15 , 2019