EV
WEY to launch hydrogen-powered vehicle model in 2020, foray into Germany in 2021
WEY to launch hydrogen-powered vehicle model in 2020, foray into Germany in 2021

WEY plans to release its first hydrogen-powered vehicle model in 2020 and formally launch fuel-cell volume production model in 2022, aiming to making NEV sales account for 50% of the brand’s overall sales by 2030.

Dec. 11 , 2018
Two new Buick NEV models to be made in China with total annual capacity of 88,000 units
Two new Buick NEV models to be made in China with total annual capacity of 88,000 units

Buick is going to have two NEV models code-named K226 and K228 locally produced in China with a total annual capacity of 88,000 units, according to local media. Meanwhile, the annual capacity of the Buick Excelle will be decreased by 88,000 units.

Dec. 4 , 2018
CATL tries to apply for credit line worth no more than RMB110 billion
CATL tries to apply for credit line worth no more than RMB110 billion

China's largest lithium battery maker Contemporary Amperex Technology Limited (CATL) plans to apply for a comprehensive credit line with the ceiling of RMB110 billion from banks, the company announced on November 28.

Nov. 29 , 2018
Jinkang New Energy intelligent plant starts trial run
Jinkang New Energy intelligent plant starts trial run

Chongqing Jinkang New Energy Automobile Co., Ltd has currently put its intelligent plant located in Chongqing into trial operation, according to local media.

Nov. 27 , 2018
MIIT to remove 199 models from Catalogue of New-Energy Automobile Models Exempt from Vehicle Purchase Tax
MIIT to remove 199 models from Catalogue of New-Energy Automobile Models Exempt from Vehicle Purchase Tax

MIIT recently announced that a total of 199 models without production outputs or import volume by the end of October 2018 are likely to be removed from the Catalogue of New-Energy Automobile Models Exempt from Vehicle Purchase Tax.

Nov. 26 , 2018
Chery Jaguar Land Rover to invest RMB7 bln in NEV, R&D program in Changshu
Chery Jaguar Land Rover to invest RMB7 bln in NEV, R&D program in Changshu

Chery Jaguar Land Rover Automotive Co., Ltd. signed a cooperation agreement on November 22 with Changshu Economic and Technological Development Zone for the automaker’s program of new energy vehicle (NEV) and R&D center.

Nov. 26 , 2018