EV
BAIC to stop making fuel-powered vehicles by July 31 in Beijing
BAIC to stop making fuel-powered vehicles by July 31 in Beijing

Xu Heyi, chairman of BAIC Group, disclosed that BAIC Group will fully stop producing traditional fuel-powered vehicles in Beijing by July 31.

Jul. 24 , 2018
Beijing Benz to expand production to manufacture pure electric Mercedes-Benz models
Beijing Benz to expand production to manufacture pure electric Mercedes-Benz models

Beijing Benz Automotive Co., Ltd. (BBAC), a JV co-invested by BAIC Motor, Daimler AG and Daimler Greater China Ltd. (DGRC), recently has finished the filings of three projects.

Jul. 23 , 2018
Yogomo changes name as Link Tour to target new energy PVs
Yogomo changes name as Link Tour to target new energy PVs

Hebei Yogomo Vehicle Co., Ltd. (Yogomo) plans to change its name as Link Tour Automobile Co., Ltd., according to the official website of the Ministry of Industry and Information Technology.

Jul. 23 , 2018
GAC Group plans to set up JVs with CATL
GAC Group plans to set up JVs with CATL

GAC Group announced that it plans to sign a joint venture operation contract with Contemporary Amperex Technology Limited (CATL) on July 19 in Guangzhou.

Jul. 19 , 2018
CATL sees significant improvement for Q2 net profit, compared with Q1
CATL sees significant improvement for Q2 net profit, compared with Q1

CATL’s net profit attributable to shareholders of the parent company is expected to reach RMB 883.7616 million to RMB 938.4272 million in the first half of 2018, slumping 48.19% to 52.2% compared to the same period last year.

Jul. 18 , 2018
Installed capacity of power battery reaches 2.87GWh in June
Installed capacity of power battery reaches 2.87GWh in June

China’s installed capacity of power battery for new energy vehicles (NEV) reached 2.87GWh in June, leaping 33.58% year on year while sliding 36.57% month on month.

Jul. 17 , 2018