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On October 16, China revealed the plans on turning the southern island province of Hainan into a free trade zone (FTZ), clearly saying that the caps on foreign ownership in the NEV (new energy vehicle) sector will be removed in the future.
Oct. 18 , 2018
Patent images of the new BYD Tang’s BEV (battery electric vehicle) version were exposed in recent days, presenting that the BEV version looks basically the same as the fossil fuel-powered and DM versions hitting markets in June.
Oct. 18 , 2018
Tesla and Shanghai Municipal Planning, Land and Resources Administration signed a contract on October 17 saying that the Shanghai government will lease and transfer the right of using state-owned lands to the EV maker.
Oct. 17 , 2018
Groupe Renault and Brilliance China Automotive Holdings Limited (Brilliance) signed on October 16 a strategic cooperation agreement with Chinese officials on behalf of Liaoning provincial government to further speed up development of LCVs in China.
Oct. 17 , 2018
The Lifan 820EV, a BEV model developed by Chinese automaker Lifan Motors, officially went on sales in recent days. The price for the new model ranges between RMB256,800 to RMB279,800 before the subsidy is given to consumers.
Oct. 16 , 2018
Ford Motor launched the all-new Territory mid-sized SUV in China on October 16 and announced its Chinese name “Lingjie” at the same time.
Oct. 16 , 2018