Tesla Motor Shanghai Limited gained the operating license approved by the Market Supervision Administration of Shanghai Pudong New Area on May 10.
May 14 , 2018
Offering two variants, the Borgward BXi7 hit the market on May 9. The prices of the two variants are RMB 358,800 and RMB 378,800 respectively, which are RMB 285,000 and RMB 305,000 after the subsidies.
May 10 , 2018
Borgward announced the establishment of a NEV marketing department of its sales company on May 8, together with the appointment of You Jia and Fan Jun.
May 10 , 2018
On May 6, Lifan Motors revealed its plan to issue no more than 261 million non-public stock shares to less than ten specified investors, aiming to raise a total of RMB 2.48 billion for the development of NEVs.
May 8 , 2018
BYD reported revenue of RMB 24.738 billion with a year-on-year growth of 17.54%. However, its net profit nosedived 83.09% from a year earlier to RMB 102 million.
May 7 , 2018
China saw robust imported and exported volume performance of NEVs in the first quarter. Strikingly, the volume of exported NEVs was doubled during the past three months.
May 4 , 2018