- Youxia Motors announces RMB 5 billion B-round funding
Youxia Motors announced the completion of RMB 5 billion B-round funding on Mar. 31, which was jointly invested by 12 venture capital institutions, including Qianhai Mergers and Acquisition Funds, SINO...
Apr. 03 , 2018
- Geely to release three new EV models in 2018
Geely will make further deployment in NEV field and shape a product lineup with almost 40 NEV models by 2020. It will release 3 NEV models in 2018.
Apr. 02 , 2018
- Upgrade of NIO ES8 to have doubled range and stronger performance
According to insiders from NIO, the all-new ES8 will make official debut in 2021. The new model is slated to have great improvement in power performance and is expected to double the range to 600km.
Mar. 30 , 2018
- BYD intends to make spin-off battery unit to be listed on stock exchange
BYD intends to spin off its battery and photovoltaic unit and further promote the separated unit to be listed on a stock exchange, aiming to rival with CATL and trying to seize the to-be-lost strategi...
Mar. 29 , 2018
- BYD expects to double new energy passenger vehicle sales in Q1
BYD expects to have a YoY sales surge of new energy passenger vehicles over 200% in the first quarter, and also a YoY sales growth of more than 20% in passenger vehicles in the same period.
Mar. 29 , 2018
- First WM EX5 rolls off production line
WM Motor’s first pure electric SUV model, the EX5 rolled off the production line on Mar. 28.
Mar. 28 , 2018
- BYD reports YoY net profit slump of 19.51% to RMB 4.066 billion in 2017
BYD earned revenue of RMB 105.915 billion in 2017, up 2.36% on an annual basis, according to BYD’s 2017 financial report released on Mar. 28.
Mar. 28 , 2018
- Denza 500 hits market with price range between RMB 298,800 and RMB 328,800
On Mar. 26, Denza, the JV brand between BYD Auto and Daimler AG, launched an all-new Denza 500.
Mar. 27 , 2018