EV
Ganfeng Lithium sees net profit surge of 213.95% year on year in 2017
Ganfeng Lithium sees net profit surge of 213.95% year on year in 2017

Ganfeng Lithium posted its 2017 revenue of RMB 4.38 billion with a YoY surge of 54.12%. What’s worth mentioning, its operating profit reached RMB 1.74 billion, soaring 205.77% on an annual basis.

Mar. 1 , 2018
Zotye Ford expected to gain regulatory approval in second half this year
Zotye Ford expected to gain regulatory approval in second half this year

The establishment work of the joint venture Zotye Ford has been going well, and the program is expected to receive regulatory approval in the second half of this year

Mar. 1 , 2018
NEV, intelligent vehicle become strategic development direction for China auto industry
NEV, intelligent vehicle become strategic development direction for China auto industry

New energy vehicle (NEV) and intelligent vehicles have become strategic directions for auto industry. Recently, China has introduced many policies on the development of both segments.

Mar. 1 , 2018
BAIC BJEV sets up new company to expand production of electric powertrains
BAIC BJEV sets up new company to expand production of electric powertrains

BIAC BJEV plans to establish a subsidiary dubbed Blue Valley Power Company at its existing production base in Caiyu, Beijing, according to Beijing Municipal Environmental Protection Bureau.

Feb. 28 , 2018
Nio reported to hire banks for IPO in U.S.
Nio reported to hire banks for IPO in U.S.

Nio, a Chinese electric vehicle startup, has hired eight banks to work on its initial public offering in the United States this year as planned.

Feb. 28 , 2018
BYD sees 20% net profit drop in 2017
BYD sees 20% net profit drop in 2017

BYD released its 2017 financial results on Feb. 26, showing that the carmaker posted a YoY revenue growth of 2.34% to RMB 105.89 billion in 2017. However, the net profit attributable to the shareholders of listed companies reached RMB 4.06 billion, f

Feb. 27 , 2018