- BAIC BJEV sets up new company to expand production of electric powertrains
BIAC BJEV plans to establish a subsidiary dubbed Blue Valley Power Company at its existing production base in Caiyu, Beijing, according to Beijing Municipal Environmental Protection Bureau.
Feb. 28 , 2018
- Nio reported to hire banks for IPO in U.S.
Nio, a Chinese electric vehicle startup, has hired eight banks to work on its initial public offering in the United States this year as planned.
Feb. 28 , 2018
- BYD sees 20% net profit drop in 2017
BYD released its 2017 financial results on Feb. 26, showing that the carmaker posted a YoY revenue growth of 2.34% to RMB 105.89 billion in 2017. However, the net profit attributable to the shareholde...
Feb. 27 , 2018
- Zhongli adds investment in Shenzhen BAK Power Battery
Jiangsu Zhongli Group announced that it has signed letter of intent with Shenzhen BAK Battery and a company in Tibet to acquire their stakes in Shenzhen BAK Power Battery.
Feb. 27 , 2018
- Sokon to launch intelligent NEV brand in March
Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon) announced on Feb. 23 that the company’s intelligent NEV brand will be launched in March.
Feb. 27 , 2018
- FF 91 said to be priced at RMB 2 million in China
FF 91 may be priced at about RMB 2 million for China consumers and the company will start to deliver vehicles at the end of this year. The company has already begun the presale on its website and the ...
Feb. 26 , 2018
- China issues provisional regulations for recycling of NEV power battery
The vehicle manufacturer should build the recycling channels for NEV power battery and take charge of the waste battery used in vehicles. The government encourages that relevant enterprises can work t...
Feb. 26 , 2018
- China to set up recycling system for NEV power battery in 2018
MIIT issued a notice, which outlines key work points for the industrial energy saving and comprehensive utilization in 2018. The following are the key points for new energy vehicle segment.
Feb. 24 , 2018
