EV
NIO, Changan to hold 45% stake in their JV sited in Nanjing
NIO, Changan to hold 45% stake in their JV sited in Nanjing

Changan NIO New Energy Vehicle Technology Co., Ltd., a joint venture co-built by Changan Automobile and NIO, rolled in Jiangning Development Zone, Nanjing on Aug. 17.

Aug. 20 , 2018
Xpeng Motors ambitious to raise RMB 30 bln funding by end of 2019
Xpeng Motors ambitious to raise RMB 30 bln funding by end of 2019

Xpeng Motors showed its ambition in raising a total of RMB 30 billion funding by the end of 2019 at its brand day on Aug. 15.

Aug. 16 , 2018
Three senior executives from GAC, BAIC join Faraday Future
Three senior executives from GAC, BAIC join Faraday Future

Yuan Zhongrong, former member of director and vice chairman of GAC Group, Gao Jingshen, former vice general manager of GAC Toyota and Lu Hao, former vice general manager of BAIC BJEV Sales Company have confirmed to join Evergrande FF.

Aug. 16 , 2018
Tesla denies hiring staff members from SAIC with triple salaries for Shanghai plant
Tesla denies hiring staff members from SAIC with triple salaries for Shanghai plant

On Aug. 5, Tesla firstly released their urgently employed posts on its official WeChat, including EPC engineering director, project manager on government issues, civil engineer, mechanical designer, legal consultants, and senior finance manager.

Aug. 7 , 2018
Patent images of BYD all-new electric vehicle exposed
Patent images of BYD all-new electric vehicle exposed

A number of patent images of BYD all-new electric vehicle were exposed recently. Adopting an enclosed front end, the new model features a design style resembling the E-SEED, which was showcased at Auto China 2018.

Aug. 7 , 2018
BYD YTD sales advance 23% year on year to 261,812 units
BYD YTD sales advance 23% year on year to 261,812 units

BYD delivered 37,315 vehicles in July. From January to July, BYD handed over 261,812 units, jumping 23% on an annual basis. Among them, BYD’s new energy vehicle (NEV) sales totaled 18,793 units in July and its YTD sales reached 93,677 units.

Aug. 7 , 2018