- Startup AIWAYS puts U5 onto the markets, to unveil U6 at 2020 Geneva Motor Show
Chinese EV startup AIWAYS put its first production model, the U5, onto the market on December 19. Offered in four variants, the U5 is priced between RMB197,900 and RMB292,100.
Dec. 20 , 2019
- Startup SINOGOLD, Haiquan Group to team up on NEV industrial park
The Shandong-based EV startup SINOGOLD struck a deal with Shandong Haiquan New Energy Technology Co., Ltd (Haiquan Group) earlier this month for a strategic cooperation on building a NEV industrial pa...
Dec. 17 , 2019
- Shareholder of Evergrande NEVS (Shanghai) to sell 20% stake
Shanghai Songjiang Economic & Technological Development Group, one of the two shareholders of Evergrande NEVS (Shanghai), is going to transfer its 20% stake in Evergrande NEVS (Shanghai).
Dec. 16 , 2019
- China’s homegrown new energy PV sales slide YoY for 5th month in a row
China’s automakers sold roughly 79,000 locally-produced new energy PVs (NEPVs, referring to all-electric PVs and plug-in hybrid PVs) in November, clocking a sharp decrease of 41.7% over a year ago, ...
Dec. 16 , 2019
- Sky-well New Energy Automobile, BAK Battery to ally on battery supply, NEV tech development
On December 12, Sky-well New Energy Automobile Group Co. Ltd (Sky-well) and Shenzhen BAK Power Battery Co., Ltd (BAK Battery) agreed to forge a long-term strategic partnership on new energy vehicle (N...
Dec. 13 , 2019
- China’s NEV subsidies occurred in 2018 to total RMB13.778 billion
China’s Ministry of Industry and Information Technology (MIIT) said on December 10 the government subsidies for new energy vehicle (NEV) promotion and application that occurred in 2018 were forecast...
Dec. 12 , 2019
- Beijing Benz’s NEV plant in Shunyi to start production
With the completition of its assembly shop, Beijing Benz’s NEV (new energy vehicle) plant in Shunyi will start production in the near future, according to local media outlets.
Dec. 12 , 2019
- Newborn brand “Skywell” makes inroads into China’s NEV domain
A new entrant burst into China’s NEV market in the year-end period, which is expected to change the existing landscape of China’s EV industry.
Dec. 12 , 2019
