EV
CATL reports YoY net profit growth of 31.4% in 2017
CATL reports YoY net profit growth of 31.4% in 2017

In the latest three years, Contemporary Amperex Technology Co., Limited (CATL) achieved fast growth in revenue, net profit and assets scale, according to the company’s latest prospectus.

Mar. 13 , 2018
Sokon plans to add investment in SF Motors
Sokon plans to add investment in SF Motors

Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon) announced on Mar. 10 that the company plans to add investment in its wholly-owned subsidiary SF Motors.

Mar. 13 , 2018
Designing image of AIWAYS new electric roadster unveiled
Designing image of AIWAYS new electric roadster unveiled

AIWAYS, one of Chinese internet-based EV startup, recently revealed the designing image of its first pure electric roadster.

Mar. 12 , 2018
BYD suffered MoM sales drop of 37.9% in February
BYD suffered MoM sales drop of 37.9% in February

BYD delivered 26,273 vehicles in February, slumping 37.9% month on month. Among them, sales of new energy vehicles reached 8,357 units with a month-on-month growth of 14%.

Mar. 8 , 2018
Great Wall Motor to invest RMB 20 billion for EV development by 2020
Great Wall Motor to invest RMB 20 billion for EV development by 2020

Great Wall Motor aims to sell 2 million vehicles in 2025, and 700,000 units of the total volume are expected to be electric vehicles. Its president also added that her company would like to invest RMB 20 billion by 2020 to develop electric vehicles.

Mar. 8 , 2018
BAIC to build 3,000 battery swapping stations by 2020
BAIC to build 3,000 battery swapping stations by 2020

The battery swapping service can alleviate the difficulties brought by the construction of charging piles, Xu Heyi, chairman of BAIC Group said in an interview on the sidelines of the two sessions in 2018.

Mar. 8 , 2018