- NIO expects to have loss of RMB 5.1 billion in 2018
NIO, one of China’s EV startups, plans to deliver 30,000 new vehicles and gain revenue of RMB 11.4 billion in 2018, but the startup also expects to have a loss of RMB 5.1 billion in 2018, according ...
Apr. 08 , 2018
- NIO eve concept to debut at Auto China 2018
It is reported that the NIO eve concept will make its debut at Auto China 2018. The new model, based on the designing idea of future transportation, will come with NOMI artificial intelligent system.
Apr. 04 , 2018
- Sales growth of Chinese new energy PVs in first two months triples that of globe to 159% year on year
The China Passenger Car Association (CPCA) revealed on Apr. 3 that sales of Chinese NEV passenger vehicles soared 159% year on year to 61,000 units in the first two months this year.
Apr. 04 , 2018
- Dual-credit policy implements on Apr. 1
The dual-credit policy for passenger vehicle companies went into force on Apr. 1. The scheme targets automakers who produce more than 30,000 vehicles annually.
Apr. 03 , 2018
- 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
