Chinese EV startup NIO announced that its revenues in Q3 tremendously surged 3095.3% over the previous quarter to RMB1.47 billion. However, the EV maker still took on a net loss of RMB2.81 billion in Q3, 56.6% more than that of Q2.
Nov. 7 , 2018
National New Energy Vehicle Co., Ltd. (the NEV Company),a subsidiary of National Electric Vehicle Sweden AB(NEVS), was granted the certificate to produce all-electric vehicles by the MIIT on November 5.
Nov. 5 , 2018
Chinese EV startup WM Motor and China Tower, a state-owned wireless infrastructure owner, signed a strategic cooperation agreement on October 31 that focuses on the cascade utilization and recycling of new energy vehicle (NEV) power batteries.
Nov. 2 , 2018
On October 18, BAIC BJEV, the EV unit of the state-owned BAIC Group, announced its 2025 mid-long term technology development planning and also elaborated on its artificial intelligence auto system, the Darwin System.
Oct. 18 , 2018
On October 16, China revealed the plans on turning the southern island province of Hainan into a free trade zone (FTZ), clearly saying that the caps on foreign ownership in the NEV (new energy vehicle) sector will be removed in the future.
Oct. 18 , 2018
Baoneng Group and Kunshan municipal government, Jiangsu province, signed a range of investment cooperation agreements on October 16, which includes the program of building a NEV (new energy vehicle) base in Kunshan.
Oct. 17 , 2018