EV
Beijing aims to put over 10,000 hydrogen FCVs on roads by 2025
Beijing aims to put over 10,000 hydrogen FCVs on roads by 2025

Beijing will strive to put over 10,000 hydrogen fuel cell vehicles (called “FCVs” for short) on roads by 2025 and expects the cumulative output value of the full FCV industrial chain to exceed 24 billion yuan ($3,502,984,800) then.

Sep. 9 , 2020
NIO, Hefei government plan to co-build 40 battery swapping stations in 2020, 2021
NIO, Hefei government plan to co-build 40 battery swapping stations in 2020, 2021

NIO and the government of Hefei in the eastern Anhui province, the startup’s major new backer, attempt to jointly build a total of 40 battery swapping stations in 2020 and 2021, according to a local media report.

Sep. 8 , 2020
Tesla sets up motor sales service company in China’s Kunming
Tesla sets up motor sales service company in China’s Kunming

U.S.-based startup Tesla registered on September 3 an automobile sales service company in Kunming, the capital of China’s Yunnan province.

Sep. 7 , 2020
Xpeng Motors pilots battery leasing service to lower EV-buying threshold
Xpeng Motors pilots battery leasing service to lower EV-buying threshold

Chinese EV startup Xpeng Motor launched on September 1 its battery leasing service, which allows consumers to spread the battery pack cost in 84 monthly installments within 7 years.

Sep. 2 , 2020
GAC Toyota starts building new NEV facility as part of NEV business expansion
GAC Toyota starts building new NEV facility as part of NEV business expansion

GAC Toyota celebrated on August 29 the first spade cut for a new NEV manufacturing facility, the second phase under a project design to expand the joint venture’s NEV capacity.

Aug. 31 , 2020
Evergrande Auto’s NEV business earns 53 million yuan of first-half revenue
Evergrande Auto’s NEV business earns 53 million yuan of first-half revenue

Evergrande Auto said its first-half revenue gained from new energy vehicle (NEV) business amounted to 53 million yuan ($7,705,840), plunging 81.34% from a year earlier.

Aug. 28 , 2020