- CRRC transfers 51% share of CRRC TEV with RMB 926 million
On Oct. 27, CRRC released a statement, saying that its wholly owned subsidiary, CRRC Zhuzhou Institute planned to transfer 51% share of CRRC TEV to CRRC's holding company by agreement with RMB 926.400...
Oct. 31 , 2017
- JMC NEV new base begins construction with a total investment of RMB 12 billion
JMCG NEV new base and engineering research institute are important parts in JMCG’s layout for NEV R&D, manufacturing, sales and intelligent transportation.
Oct. 30 , 2017
- Commerce Department confirms Tesla’s discussion with Shanghai government
On October 26th, the spokesman of the Commerce Department confirmed that America electric-car maker Tesla Inc. has been in talk with relevant departments of Shanghai government.
Oct. 27 , 2017
- Baoneng Group invests RMB 14b to launch NEV project
Currently, Hangzhou Fuyang District government signed a cooperative agreement with Baoneng Group, Hangzhou Xintiandi Group on a NEV project with the annual capacity of 300,000 units and Xintiandi City...
Oct. 27 , 2017
- Zotye’s net profit of first three quarters soars over tenfold year over year
the company’s revenue for this year was RMB 11.595 billion, surging 831.13 percent. The net profit for this period was RMB 0.48 billion, increasing almost tenfold over the same period of last year.
Oct. 27 , 2017
- Great Wall plans to unveil first FCEV in 2022
Tobias Brunner, Great Wall Motor’ s vice president revealed that the automaker has been working on XEV program. XEV stands for different kinds of new energy and the automaker carries out simultaneou...
Oct. 26 , 2017
- Dongfeng becomes a shareholder of CATL
Weidong Liu, vice general manager of Dongfeng Automobile, publicly said that the automaker had become a shareholder of Contemporary Amperex Technology Limited (CATL)
Oct. 26 , 2017
- Dual-credit policy shows great challenges on domestic self-independent brands
Fu Yuwu, Chairman of SAE-China (Society of Automotive Engineers of China) believes that the double-credit policy will have the largest impact on the auto industry among all domestic auto policies.
Oct. 25 , 2017
