EV
China new energy PV Q1 sales soar 136% year on year
China new energy PV Q1 sales soar 136% year on year

Sales of new energy passenger vehicles reached 55,723 units in March, soaring 102% year on year and 93% month on month, according to the data released by the China Passenger Car Association (CPCA) on Apr. 10.

Apr. 11 , 2018
WEY to offer pure electric SUV concept
WEY to offer pure electric SUV concept

WEY, a premium brand under Great Wall Motor (GWM), will debut its intelligent pure electric SUV concept model at Auto China 2018.

Apr. 10 , 2018
39 local automakers need to buy NEV credits for 2017 sales
39 local automakers need to buy NEV credits for 2017 sales

During 2017, 99 domestic passenger vehicle companies produced a total of 21,730,000 passenger vehicles. 55 self-owned vehicle companies created 1,690,000 NEV credits in total.

Apr. 10 , 2018
Jia Yueting requested to explain relation with Ruichi Intelligent
Jia Yueting requested to explain relation with Ruichi Intelligent

On Apr. 8, Ruichi Intelligent, which is reportedly regarded as Faraday Future's affiliated company, gained an area of land at Wanqingsha Bonded Port Area, Nansha District, Guangzhou with an auctioned price of RMB 364.1 million.

Apr. 9 , 2018
Trial operation of Guizhou Geely NEV production line kicks off
Trial operation of Guizhou Geely NEV production line kicks off

Recently, Guizhou Geely NEV Co. Ltd. (Guizhou Geely NEV), located in Guanshanhu Area, Guiyang, Guizhou province, started the trial operation of its production line.

Apr. 9 , 2018
NIO expects to have loss of RMB 5.1 billion in 2018
NIO expects to have loss of RMB 5.1 billion in 2018

NIO, one of China’s EV startups, plans to deliver 30,000 new vehicles and gain revenue of RMB 11.4 billion in 2018, but the startup also expects to have a loss of RMB 5.1 billion in 2018, according to the insiders from NIO.

Apr. 8 , 2018