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BYD new “e” product matrix consisting of 8 EV models
BYD new “e” product matrix consisting of 8 EV models

BYD plans to build the “e” product matrix consisting of 8 EV models—the BYD S2, S3, S5, e1, e2, e3, e5 and e6, according to local media. This indicates that the automaker will roll out more new EV models in the future.

Nov. 7 , 2018
NIO Q3 revenues skyrocket 3095.3% over Q2 to RMB1.47 billion
NIO Q3 revenues skyrocket 3095.3% over Q2 to RMB1.47 billion

Chinese EV startup NIO announced that its revenues in Q3 tremendously surged 3095.3% over the previous quarter to RMB1.47 billion. However, the EV maker still took on a net loss of RMB2.81 billion in Q3, 56.6% more than that of Q2.

Nov. 7 , 2018
Chery Holding boasts YoY sales growth for 8 consecutive months
Chery Holding boasts YoY sales growth for 8 consecutive months

Chery Holding saw its sales in October grew 13.5% from the previous year to 63,703 units, achieving evident year-on-year (YoY) increase for 8 consecutive months, according to the sales report released by the automaker.

Nov. 7 , 2018
FAW-VW, Volkswagen sign MoU for transaction of CKD, vehicles
FAW-VW, Volkswagen sign MoU for transaction of CKD, vehicles

FAW-Volkswagen (FAW-VW) and Volkswagen Group signed an Memorandum of Cooperation at the China International Import Expo on November 6, saying that FAW VW will purchase CKDs (complete knock down kit) and import Audi-branded vehicles from Volkswagen.

Nov. 6 , 2018
Haval F7 hits market with prices ranging from RMB109,000 to 149,000
Haval F7 hits market with prices ranging from RMB109,000 to 149,000

The Haval F7 compact SUV will officially go on sale on November 6 and is expected to be produced in Russia and then exported to Europe, South America and the Middle East.

Nov. 6 , 2018
NEVS approved by MIIT, NDRC to produce all-electric vehicles
NEVS approved by MIIT, NDRC to produce all-electric vehicles

National New Energy Vehicle Co., Ltd. (the NEV Company),a subsidiary of National Electric Vehicle Sweden AB(NEVS), was granted the certificate to produce all-electric vehicles by the MIIT on November 5.

Nov. 5 , 2018