- China no longer subsidizes new energy passenger vehicles with range below 150km
Government subsidies will no longer be granted to new energy passenger vehicles with a range of less than 150km, according to a new subsidy policy which took effect on June 12.
June 14 , 2018
- ZHIDOU gains EV procurement orders from South Korean government
ZHIDOU, a subsidiary of Geely, has become the new energy vehicle (NEV) supplier together with Kia and GM, according to the latest procurement announcement by the procurement department of South Korean...
June 14 , 2018
- BYTON announces close of $500 million Series B funding, operation of Nanjing global headquarters
BYTON announced on June 11 that its Nanjiang-based global headquarters started operation, together with the close of its RMB 500 million Series B funding, which included FAW Group, CATL and Tusholding...
June 12 , 2018
- CATL soars maximum 44% in market debut, valuing at RMB 78.64 billion
China’s largest battery provider Contemporary Amperex Technology (CATL) made its debut in the ChiNext board in Shenzhen on June 11 with market shares soaring 44%, which is the maximum allowed for ne...
June 11 , 2018
- China new energy passenger vehicle sales soar 142% year on year in May
China posted a YoY surge of 142% and a MoM growth of 30% in new energy passenger vehicle sales to 92,188 units in May, according to the data released by the China Passenger Car Association (CPCA).
June 11 , 2018
- BYD surpasses CATL in installed capacity in April
BYD took the lead in battery industry with a total installed capacity of 1.34GWh in April, 2018, taking up 35% market shares.
June 08 , 2018
- BYD new energy vehicle sales total 14,241 units in May
BYD reported its sales of 37,780 units in May, seeing slight growth compared to last month. The cumulative sales through May reached 186,920 units.
June 08 , 2018
- BYD teams up with Baidu, Dadao in new energy, autonomous driving areas
BYD, Baidu and Dadao, a sharing vehicle platform, announced on June 6 that they had signed an array of cooperation agreement in new energy vehicle, autonomous driving technology and sharing operation ...
June 07 , 2018
