- China EV startup AIWAYS said to acquire stakes in Jiangling Motors
China-based EV startup AIWAYS is said to acquire stakes in Jiangling Motors Co., Ltd. (JMC), while the detail transaction value still remained unknown, according to a financing record exposed by Tiany...
May 24 , 2019
- BYD says newly received RMB3.458 billion state’s NEV subsidy helps improve cash flow
BYD Company Limited said on May 22 that its subsidiary BYD Auto Industry Company Limited has received the state’s subsidy on new energy vehicle promotion amounting to RMB3.458 billion from Shenzhen ...
May 23 , 2019
- Over 20 cities, provinces in China issue policy to develop hydrogen industry
Roughly estimated, over 20 cities and provinces in this country have released their planning on developing hydrogen energy and hydrogen fuel-cell vehicles, forming six regional industrial clusters acr...
May 21 , 2019
- BAIC BJEV’s handbag-shaped LITE-R300 EV hits the market on China’s Internet Valentine's Day
BAIC BJEV’s LITE-R300 mid-sized EV officially hit the market on May 20, China's so-called Internet Valentine's Day. With three variants to be offered, the new model is priced between RMB110,800 and ...
May 21 , 2019
- Another NIO ES8 catches fire within one month
Around six o'clock p.m. on May 16, a NIO ES8 caught fire at a residential plot in Anting Town, Shanghai where the EV startup is headquartered. The fire lasted for two hours and has been quenched now. ...
May 16 , 2019
- European Countries By Plug-In Car Market Share In Q1 2019
The average market share of passenger plug-in electric cars in Europe - the European Union and EFTA (Norway + Switzerland) to be precise - amounted in Q1 2019 to nearly 3.1%.
May 16 , 2019
- EV startup Sitech closes Series B funding round, almost reaches unicorn status
Sitech on May 16 announced the completion of a Series B funding round, which is led by an industrial investment fund of Changshou District in Chongqing. Up until now, the startup is valued at over RMB...
May 16 , 2019
- In April 2019, BMW Group Plug-In Car Sales Decreased Slightly
Almost 1 in 20 BMW/MINI sold in April was a plug-in, but sales decreased a little bit.
May 15 , 2019
