- BAIC, Magna plan to form new JV to build premium intelligent electric vehicles
BAIC BJEV and Canada auto parts supplier Magna signed a cooperation agreement on June 18 in Nanjing, saying that both parties plan to establish two new joint ventures to build open and sharing R&D and...
June 19 , 2018
- Smaller than Smart, new Baojun E100 hits market with starting price of RMB 46,800
The new Baojun E100 hit the market on June 14. Looking even smaller than the Mercedes-Benz Smart, the new Baojun E100 offers two editions with prices of RMB 46,800 and RMB 59,800.
June 15 , 2018
- Hanergy releases third model equipped with full solar-powered battery
Hanergy Holding Group Ltd. (Hanergy) unveiled its self-developed solar-powered electric model, the Solar A at CES Asia 2018 in Shanghai, providing a new solution to battery charging for electric vehic...
June 15 , 2018
- 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
