The China Passenger Car Association (CPCA) revealed on Apr. 3 that sales of Chinese NEV passenger vehicles soared 159% year on year to 61,000 units in the first two months this year.
Apr. 4 , 2018
The dual-credit policy for passenger vehicle companies went into force on Apr. 1. The scheme targets automakers who produce more than 30,000 vehicles annually.
Apr. 3 , 2018
Youxia Motors announced the completion of RMB 5 billion B-round funding on Mar. 31, which was jointly invested by 12 venture capital institutions, including Qianhai Mergers and Acquisition Funds, SINOEP and China Fortune Ocean.
Apr. 3 , 2018
BYD expects to have a YoY sales surge of new energy passenger vehicles over 200% in the first quarter, and also a YoY sales growth of more than 20% in passenger vehicles in the same period.
Mar. 29 , 2018
WM Motor’s first pure electric SUV model, the EX5 rolled off the production line on Mar. 28.
Mar. 28 , 2018
BYD earned revenue of RMB 105.915 billion in 2017, up 2.36% on an annual basis, according to BYD’s 2017 financial report released on Mar. 28.
Mar. 28 , 2018