EV
WM likely to gain certificate of manufacturing cars
WM likely to gain certificate of manufacturing cars

WM Motor is likely to gain certificate of manufacturing cars through acquiring the stake of Zhongshun Automobile, judging from an announcement from Ministry of Industry and Information Technology (MIIT) on Jan. 16.

Jan. 17 , 2018
China's NDRC approves to build 9 NEV-related research centers
China's NDRC approves to build 9 NEV-related research centers

China's NDRC replied a request from National Joint Engineering Research Center in 2017, permitting to build 9 research centers on such areas as NEV key parts, intelligent connected vehicles and recycling of power batteries.

Jan. 17 , 2018
Ministry of Public Security of China: NEV parc reaches 1.53 million by the end of 2017
Ministry of Public Security of China: NEV parc reaches 1.53 million by the end of 2017

According to the statistics released by the Ministry of Public Security of China, the national NEV parc reached 1.53 million by the end of 2017, taking up 0.7% of the total vehicles.

Jan. 16 , 2018
JAC receives government subsidies of RMB 392 million in 2017
JAC receives government subsidies of RMB 392 million in 2017

JAC Motors announced that the company, along with its subsidiaries received at total of RMB 392 million subsidies in 2017, RMB 227 million of which was pertinent to income.

Jan. 15 , 2018
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