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Startup BYTON said to register new tech company after suspending China operations
Startup BYTON said to register new tech company after suspending China operations

Chinese EV startup BYTON has applied for the registration of a new technology company dubbed “Shengteng”, which is likely to snag an operating license at the end of August, according to a local media outlet.

Aug. 25 , 2020
China’s Jan.-Jul. automobile imports tumble 30.1% year on year
China’s Jan.-Jul. automobile imports tumble 30.1% year on year

For the first seven months of the year, China imported a total of 430,000 vehicles (including chassis), posting a year-on-year slump of 30.1%, and saw the year-to-date import value of automobiles reached 142.8 billion yuan ($20,637,328,908).

Aug. 25 , 2020
China’s NEV sales see first yearly growth thanks to combined efforts of government, automakers
China’s NEV sales see first yearly growth thanks to combined efforts of government, automakers

China’ NEV outputs and sales reached 100,000 units and 98,000 units in July, jumping 15.6% and 19.3% year on year after 12 consecutive months of downturn, according to the China Association of Automobile Manufacturers (CAAM).

Aug. 25 , 2020
Toyota-backed R&D JV for commercial fuel cell system founded in Beijing
Toyota-backed R&D JV for commercial fuel cell system founded in Beijing

United Fuel Cell System R&D (Beijing) Co., Ltd. (FCRD), a significant joint venture announced by Toyota in early June, has been officially registered in Beijing, according to Chinese corporate data platform Tianyancha.

Aug. 23 , 2020
China’s PV retail sales estimated to 1.69 million in August, CPCA
China’s PV retail sales estimated to 1.69 million in August, CPCA

The retail sales of China’s passenger vehicles are expected to increase 8% again in August to 1.69 million units.

Aug. 21 , 2020
HYCAN 007’s bill of materials unveiled by GAC NIO
HYCAN 007’s bill of materials unveiled by GAC NIO

On August 19, Liao Bing, founder and CEO of GAC NIO, a joint venture between GAC Group and the EV startup NIO, unveiled the BOM (bill of materials) of the TOP version of the HYCAN 007, the joint venture’s first mass-produced BEV model.

Aug. 21 , 2020