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BYD registers most new energy passenger vehicles in China in January
BYD registers most new energy passenger vehicles in China in January

China’s registrations of locally-made PVs in January saw a decline from a year ago, but the registrations of locally-made new energy PVs more than doubled from a year ago, according to the data compiled by Gasgoo Auto Research Institute (GARI).

Feb. 28 , 2022
China continues NEV subsidies, car purchase tax exemption to spur car demands: MIIT’s minister
China continues NEV subsidies, car purchase tax exemption to spur car demands: MIIT’s minister

China will adopt multiple measures to further spur automobile demands, the minister of China's MIIT said on Feb. 28.

Feb. 28 , 2022
Farasis Energy says revenue in 2021 surges YoY, but net loss widened
Farasis Energy says revenue in 2021 surges YoY, but net loss widened

Chinese power battery maker Farasis Energy (Ganzhou) Co., Ltd. (“Farasis Energy”) announced today its full-year revenue in 2021 surged 203.97% year on year to around 3.403 billion yuan ($538.71 million).

Feb. 28 , 2022
NIO announces proposed secondary listing in Hong Kong, with shares to start trading on March 10
NIO announces proposed secondary listing in Hong Kong, with shares to start trading on March 10

NIO is expected to start share trading in Hong Kong on March 10, 2022, the company said this morning.

Feb. 28 , 2022
Tesla tops Chinese NEV startups by vehicle registrations in Jan. 2022
Tesla tops Chinese NEV startups by vehicle registrations in Jan. 2022

Last month, the seven key startups (including Tesla) all faced a month-on-month decrease.

Feb. 27 , 2022
China’s locally-made PV retail sales anticipated to grow 11.2% YoY in Feb. 2022: CPCA
China’s locally-made PV retail sales anticipated to grow 11.2% YoY in Feb. 2022: CPCA

China's retail sales of locally-produced passenger vehicles (merely including cars, SUV, and MPVs) are anticipated to reach 1.3 million units in Feb. 2022, growing 11.2% year on year, according to the China Passenger Car Association (CPCA).

Feb. 25 , 2022