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Geely-backed NEV brand Maple unveils first production model Maple 30X
Geely-backed NEV brand Maple unveils first production model Maple 30X

Maple, a NEV brand backed by Geely Technology Group, unveiled the look of its first production EV model, the Maple 30X, which rolled off the production line on Jan. 13 and is said to be launched in April this year.

Mar. 25 , 2020
Review of major Chinese auto groups’ sales in February
Review of major Chinese auto groups’ sales in February

Due to the coronavirus spread, most Chinese automaker witness their sales slide precipitous in February. Among eight major automakers listed here, half of them posted year-on-year decrease of over 80%.

Mar. 25 , 2020
Zhejiang draws up plans to boost auto consumption due to COVID-19
Zhejiang draws up plans to boost auto consumption due to COVID-19

To unleash the potential of auto spending which is suppressed by the COVID-19 epidemic, Zhejiang provincial government also offered its solutions.

Mar. 25 , 2020
Startup REECH AUTO introduces government-backed firm as majority shareholder
Startup REECH AUTO introduces government-backed firm as majority shareholder

REECH AUTO has introduced a new shareholder backed by Henan provincial government, making it the first Chinese EV startup held by government-owned investor.

Mar. 24 , 2020
Summary of Japanese automakers' China sales in Feb.
Summary of Japanese automakers' China sales in Feb.

In February, four major Japanese automakers all suffered nosedive in their China sales due to the COVID-19 epidemic.

Mar. 23 , 2020
Evergrande Health expected to record 2019 net loss of RMB3.2 bln in NEV business
Evergrande Health expected to record 2019 net loss of RMB3.2 bln in NEV business

On March 22, Evergrande Health, a listed subsidiary of Evergrande Group, warned of a year-on-year widened net loss in 2019 due to its investment in new energy vehicle (NEV) business.

Mar. 23 , 2020