EV
PBC grants higher loan proportion for NEV
PBC grants higher loan proportion for NEV

News from PBC website on November 8th shows that Auto Loan Management Regulation has been revised by PBC and CBRC to implement policy on adjusting economic structure and release consumption potential.

Nov. 9 , 2017
Roshow increases investment in JV with Chery Commercial Vehicle
Roshow increases investment in JV with Chery Commercial Vehicle

Roshow Technology Co., Ltd announced that it would adjust the investment ratio in the joint venture with Chery Commercial Vehicle.

Nov. 9 , 2017
NIO said to close  over $1 billion financing round
NIO said to close over $1 billion financing round

On Nov. 8, NIO reportedly had finished a new round of financing for over 1 billion. With Tencent as a lead investor, this new round of financing also boasts a variety of co-investors, including Baillie Gifford,Lone Pine, CITIC Capital, China AMC, etc

Nov. 9 , 2017
BAK’s 200 million Ah batteries been totally ordered
BAK’s 200 million Ah batteries been totally ordered

The production capacity of BAK's newly-built automated production line is expected to reach 200 million Ah next year, which had been totally ordered by a carmaker.

Nov. 7 , 2017
MIIT: NEV makers will be responsible for recycling batteries
MIIT: NEV makers will be responsible for recycling batteries

Miao Wei from MIIT said that they will formulate the policy of extended producer responsibility to manage the recycle of power batteries.

Nov. 6 , 2017