- Tesla EVs to be exempted from China’s vehicle purchase tax
China will exempt Tesla’s electric vehicles from its vehicle purchase tax, China’s Ministry of Industry and Information Technology (MIIT) said on August 30, amongst an escalating trade tension wit...
Sept. 02 , 2019
- BAIC’s EV arm boasts 9.7% year-on-year growth in H1 net profit
BAIC BluePark, the parent company of Chinese NEV maker BAIC BJEV, announced its first-half revenue zoomed up 76.63% from the previous year to RMB9.919 billion amongst a blooming rise of NEV sales in C...
Aug. 27 , 2019
- CATL to launch magnesium alloy joint venture with three companies
CATL signed a framework agreement on August 26 with three automotive material and component suppliers to build a joint venture focusing on magnesium alloy material, CATL announced today.
Aug. 27 , 2019
- NIO to partner with cell maker PLG for creating solid-state-battery-powered prototype
NIO and the Taipei-based solid-state battery cell maker Prologium Corporation (PLG) on August 22 agreed a strategic cooperation on production and application of solid-state batteries, according to PLG...
Aug. 26 , 2019
- BAIC BJEV to buy battery system from Bejing Pride Power for battery swapping facilities
BAIC Group’s NEV arm BJEV plans to purchase roughly 1,500 sets of fast-swapping lithium battery system from Beijing Pride Power System Technology Limited (Beijing Pride Power).
Aug. 19 , 2019
- China’s new energy PV sales in July rarely drop 4% over prior-year
China’s new energy passenger vehicle (NEPV) wholesale volume reached 68,781 units in July, dropping 4% from the previous year, the first decline in more than two years, according to the data release...
Aug. 15 , 2019
- Evergrande Health warns first-half net loss of RMB2 billion in NEV business
Evergrande Health is expected to record a net loss for the first half of 2019 of approximately RMB2 billion, versus the net profit of around RMB200 million for the same period in 2018, the company ann...
Aug. 14 , 2019
- How Chinese OEMs’ NEV business performed in July
Gasgoo hereby rounded up NEV sales volumes released by several major Chinese OEMs. Both BYD and JAC Motors suffered evident year-on-year decline in July NEV sales. But in terms of year-to-date sales, ...
Aug. 12 , 2019
