- China considers allowing foreign automakers to set up wholly owned EV businesses in free-trade zones
In recent days, China was said to ease restrictions on foreign investment in such sectors as finance and NEVs, and continue to simplify the management procedures for foreign investment。
Oct. 20 , 2017
- Minister of MIIT: NEV production and sales this year are expected to grow 30%
New energy vehicle sales have been recovering by the third quarter, with the total sales volume growing 30% year-on-year. Currently, the monthly production and sales volumes are nearly 80,000 units
Oct. 20 , 2017
- China should be first to ban sales of fossil-fuel-powered vehicle
If Changan’s schedule to stop the sale of fuel vehicle in 2025 is carried out by the whole country, China will be the first economic power to ban the traditional fuel vehicles.
Oct. 20 , 2017
- BAIC president: China’s annual NEV sales and output will reach 3 million by 2020
Xu Heyi, chairman of the state-owned carmaker BAIC Group, said that China branded new energy vehicles (NEV) will be in the upper echelon of the global auto market by 2035.
Oct. 20 , 2017
- Qiantu Motor will put K50 Electric Supercars into mass production in June next year
Qiantu Motor K50 electric supercars, along with key technologies including battery packs, lightweight manufacturing procedures and other key technologies, made debut on 2017 Energy Saving and New Ener...
Oct. 19 , 2017
- Samsung SDI Tianjin factory shareholders transfer 30% stake
As a result of insolvency, Chinese shareholders of Samsung SDI Tianjin factory intend to transfer 30% stake.
Oct. 19 , 2017
- Changan will ban sales of fuel-powered vehicles from 2025
Today, Changan Automobile announced its Shangri-La Plan. The automaker shared its latest news on such areas as new energy vehicle platform and product development.
Oct. 19 , 2017
- UPDATE-Magna sets e-powertrain joint venture with Huayu Automotive Systems
On October 18, Magna signed a joint-venture agreement with Huayu Automotive Systems Co., Ltd., (HASCO,600741.SH), a subsidiary of SAIC Motor.
Oct. 19 , 2017
