EV
NEV subsidies likely to decrease ahead of schedule in May
NEV subsidies likely to decrease ahead of schedule in May

It is rumored that the reduction of NEV subsidies will be implemented ahead of schedule. As is said, the reduction program of NEV subsidy will be published by the end of January and will take effect on May 1.

Jan. 15 , 2018
Sitech to release one new model annually from 2018 to 2021
Sitech to release one new model annually from 2018 to 2021

In recent days, Sitech Electric Motor, a Chinese EV startup based in Guizhou Province, launched its global strategic deployment and also unveiled its brand at CES 2018.

Jan. 12 , 2018
New energy passenger vehicles sold 556,393 units in 2017
New energy passenger vehicles sold 556,393 units in 2017

From January to December, the cumulative sales of new energy passenger vehicles reached 560,000 units, surging over 70% over the previous year compared with 320,000 units in 2016.

Jan. 12 , 2018
2018 to see China NEV market transformation into market-driven one
2018 to see China NEV market transformation into market-driven one

CPCA drew a conclusion that China NEV market would undergo a transition period from one stimulated by government’s policies to one driven the market itself in 2018.

Jan. 10 , 2018
BYD’s 300,000th EV rolls off the production line
BYD’s 300,000th EV rolls off the production line

On Jan. 9, BYD’s 300,000th EV rolled off the production line, not only signifying a big milestone in NEV segment for BYD, but also reflecting the popularity of BYD’s EVs.

Jan. 9 , 2018
30,000 NEVs with swappable batteries to hit the roads in Chengdu over the next five years
30,000 NEVs with swappable batteries to hit the roads in Chengdu over the next five years

On Jan. 8, Blue Avenue, a new energy solution to urban transportation, signed an agreement with Jinniu District, Chengdu, Sichuan Province, aiming to put 30,000 NEVs into operation in Chengdu over the next five years.

Jan. 9 , 2018