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300,000th vehicle for SAIC Motor PV’s Zhengzhou base rolls off production line on May 29
300,000th vehicle for SAIC Motor PV’s Zhengzhou base rolls off production line on May 29

SAIC Motor Passenger Vehicle (SAIC Motor PV), a wholly-owned subsidiary of China’s biggest auto group SAIC Motor, saw the 300,000th vehicle for its Zhengzhou plant officially roll off the production line on May 29.

May 30 , 2019
Tesla prices China-build Model 3 from RMB328,000
Tesla prices China-build Model 3 from RMB328,000

On May 31, Tesla annouced that it would price the China-made Model 3 standard-range upgrade version from RMB328,000.

May 30 , 2019
Germany Is Now The Biggest Plug-In EV Car Market In Europe
Germany Is Now The Biggest Plug-In EV Car Market In Europe

With more than 30,000 sales of new passenger plug-in electric cars (January-April), Germany is the No.1 market in Europe.

May 30 , 2019
NIO reports RMB1,631.2 million in Q1 revenues
NIO reports RMB1,631.2 million in Q1 revenues

The startup said its Q1 revenues for 2019 reached RMB1,631.2 million (US$243.1 million) and quarterly deliveries of the ES8 totaled 3,989 units.

May 28 , 2019
NIO gains RMB10 billion worth of investment
NIO gains RMB10 billion worth of investment

China-based EV startup NIO got RMB10 billion worth of investment in May by signing a framework agreement with Beijing E-Town International Investment & Development Co.,Ltd (Beijing E-Town Capital).

May 28 , 2019
Geely Binyue PHEV goes on sale with after-subsidy price starting RMB139,800
Geely Binyue PHEV goes on sale with after-subsidy price starting RMB139,800

The Geely Binyue, a SUV model hitting the market at the end of last October, will see its PHEV version go on sale on May 28. It is also Geely’s first BMA (B-segment Modular Architecture)-based plug-in hybrid SUV.

May 28 , 2019