EV
Borgward’s first pure electric SUV hits market
Borgward’s first pure electric SUV hits market

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 sets up NEV marketing department, appoints You Jia as sales director
Borgward sets up NEV marketing department, appoints You Jia as sales director

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
Sales of new energy PV soar 150% year on year in April
Sales of new energy PV soar 150% year on year in April

In April, sales of new energy passenger vehicle (PV) reached 73,145 units with a YoY surge of 150% and a MoM sales growth of 31.3%, according to the data released by the China Passenger Car Association.

May 10 , 2018
BYD suffers YoY net profit nosedive of over 80% in Q1
BYD suffers YoY net profit nosedive of over 80% in Q1

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
Analysis of Tesla’s plight from perspective of China’s imported and exported NEVs in Q1
Analysis of Tesla’s plight from perspective of China’s imported and exported NEVs in Q1

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
Highlights of NEV makers at Auto China 2018
Highlights of NEV makers at Auto China 2018

Auto China 2018 was much highlighted by NEV models. As the show is drawing to a close, China’s auto portal Gasgoo today lists a number of eye-catching NEV makers and summarizes these automakers’ new models as well as their strategies.

May 4 , 2018