On Aug. 31, GAC Toyota launched its first mass-produced pure electric SUV, the GAC ix4 at the 2018 Chengdu Motor Show with two variants. With price starting from RMB 163, 800, the model also enjoys purchase tax exemption.
Sep. 3 , 2018
BAIC BJEV officially launched the EC 3, an economic battery electric vehicle at the Chengdu Motor Show 2018. With a range of 261 kilometers, the EC3 offers two variants, priced from RMB 65,800 after subsidies
Sep. 3 , 2018
MIIT will focus on the implementation of dual-credit policy, completion of NEV subsidy policy system, conduction of demonstration operation for fuel cell vehicles and the enhancement of NEV safety management.
Sep. 3 , 2018
Tesla will start to make vehicles in its Shanghai plant from 2020. The initial stage will only see the production of Model 3, whose price is expected to be less than RMB 300,000, according to a local media.
Aug. 27 , 2018
Chinese EV startup NIO will reportedly go public on the New York Stock Exchange on Sept. 18. With a market valuation of $ 6 to 8 billion, NIO will raise $ 1 billion to finance its NEV development.
Aug. 24 , 2018
Chongqing Sokon Industry Group Stock Co., Ltd (Sokon) announced on Aug. 21 that the board of directors approved the proposal on adopting equity incentive for senior executives in its subsidiary, Jinkang New Energy Automotive Co., Ltd.
Aug. 23 , 2018