EV
Beijing adjusts NEV subsidies
Beijing adjusts NEV subsidies

The Beijing Finance Bureau announced that Beijing will adjust the municipal subsidies of new energy vehicles (NEV), saying that both the central government and local subsidies will be no more than 60% of car price.

Jul. 20 , 2018
Another seven NIO Houses to open by end of September
Another seven NIO Houses to open by end of September

It is revealed that NIO will open seven new NIO Houses by the end of September. Specifically, the NIO House in Xihu, Hangzhou, Shanghai center and Shenzhen, Guangzhou Province will be opened on July 21, July 28 and Aug. 5.

Jul. 20 , 2018
Patent images of Geely Global Hawk pure electric vehicle exposed
Patent images of Geely Global Hawk pure electric vehicle exposed

A range of the patent images of the Geely Global Hawk K23 recently were exposed. Positioned as a pure electric vehicle model, the model is likely to be named K23 from the badge at the rear end.

Jul. 19 , 2018
CATL gains RMB 2.8525 billion prepayment for battery products from BMW Brilliance
CATL gains RMB 2.8525 billion prepayment for battery products from BMW Brilliance

On July 17, CATL announced that considering the long-term strategic partnership between CATL and BMW Brilliance, CATL signed a strategic cooperation agreement with BMW Brilliance and will further deepen cooperation with the joint venture.

Jul. 17 , 2018
BAIC Group reports profits growth of 17% year on year in H1
BAIC Group reports profits growth of 17% year on year in H1

BAIC Group reported a 9.5% revenue growth and a 17% profit increase in the first half of this year. Moreover, it delivered 1,203,000 vehicles in the first half with an increase of 7.6% from the previous year.

Jul. 16 , 2018
Zotye unveils new platform, strategic plan
Zotye unveils new platform, strategic plan

Zotye Auto recently released its all-new strategic plan and showcased its 3.0 version of ZFA architecture, which combines with a compact model platform, i.AFA, a mid-size model platform, i.BFA and a luxury vertically-positioned platform, i.LF

Jul. 13 , 2018