EV
China considers allowing foreign automakers to set up wholly owned EV businesses in free-trade zones
China considers allowing foreign automakers to set up wholly owned EV businesses in free-trade zones

In recent days, China was said to ease restrictions on foreign investment in such sectors as finance and NEVs, and continue to simplify the management procedures for foreign investment。

Oct. 20 , 2017
Minister of MIIT: NEV production and sales this year are expected to grow 30%
Minister of MIIT: NEV production and sales this year are expected to grow 30%

New energy vehicle sales have been recovering by the third quarter, with the total sales volume growing 30% year-on-year. Currently, the monthly production and sales volumes are nearly 80,000 units

Oct. 20 , 2017
China should be first to ban sales of fossil-fuel-powered vehicle
China should be first to ban sales of fossil-fuel-powered vehicle

If Changan’s schedule to stop the sale of fuel vehicle in 2025 is carried out by the whole country, China will be the first economic power to ban the traditional fuel vehicles.

Oct. 20 , 2017
Changan will ban sales of fuel-powered vehicles from 2025
Changan will ban sales of fuel-powered vehicles from 2025

Today, Changan Automobile announced its Shangri-La Plan. The automaker shared its latest news on such areas as new energy vehicle platform and product development.

Oct. 19 , 2017
UPDATE-Magna sets e-powertrain joint venture with Huayu Automotive Systems
UPDATE-Magna sets e-powertrain joint venture with Huayu Automotive Systems

On October 18, Magna signed a joint-venture agreement with Huayu Automotive Systems Co., Ltd., (HASCO,600741.SH), a subsidiary of SAIC Motor.

Oct. 19 , 2017
EVE plans to establish high-performance lithium-manganese battery project in Jingmen
EVE plans to establish high-performance lithium-manganese battery project in Jingmen

EVE plans to establish high-performance lithium-manganese battery project in Jingmen with total investment of RMB 500 million

Oct. 19 , 2017