EV
Shareholder of Evergrande NEVS (Shanghai) to sell 20% stake
Shareholder of Evergrande NEVS (Shanghai) to sell 20% stake

Shanghai Songjiang Economic & Technological Development Group, one of the two shareholders of Evergrande NEVS (Shanghai), is going to transfer its 20% stake in Evergrande NEVS (Shanghai).

Dec. 16 , 2019
China’s homegrown new energy PV sales slide YoY for 5th month in a row
China’s homegrown new energy PV sales slide YoY for 5th month in a row

China’s automakers sold roughly 79,000 locally-produced new energy PVs (NEPVs, referring to all-electric PVs and plug-in hybrid PVs) in November, clocking a sharp decrease of 41.7% over a year ago, according to the China Passenger Car Association.

Dec. 16 , 2019
Sky-well New Energy Automobile, BAK Battery to ally on battery supply, NEV tech development
Sky-well New Energy Automobile, BAK Battery to ally on battery supply, NEV tech development

On December 12, Sky-well New Energy Automobile Group Co. Ltd (Sky-well) and Shenzhen BAK Power Battery Co., Ltd (BAK Battery) agreed to forge a long-term strategic partnership on new energy vehicle (NEV) development.

Dec. 13 , 2019
Xpeng Motors announces battery charging service cooperation with NIO Power
Xpeng Motors announces battery charging service cooperation with NIO Power

Xpeng Motors today announced that it had signed an agreement with NIO Power to collaborate on battery charging services.

Dec. 11 , 2019
BAIC BJEV’s Jan.-Nov. auto sales dip 11.2% year on year
BAIC BJEV’s Jan.-Nov. auto sales dip 11.2% year on year

As of November, 2019, BAIC Group’s NEV unit BJEV had posted sales downturn for the third month in a row, which led to a higher decrease in its year-to-date sales.

Dec. 10 , 2019
CATL, BAIC BJEV step up cooperation for R&D of battery core tech, battery supply
CATL, BAIC BJEV step up cooperation for R&D of battery core tech, battery supply

CATL has stepped up its cooperation with BAIC Group’s NEV unit BJEV by signed a business strategy agreement on December 6 to co-promote the application of CATL’s products in BJEV’s vehicles.

Dec. 6 , 2019