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NIO starts shipping ES8s to Norway
NIO starts shipping ES8s to Norway

On July 20, the first batch of mass-produced NIO ES8s for delivery to Norwegian users was shipped from Shanghai Waigaoqiao Port, NIO said on Thursday.

Jul. 22 , 2021
Shanghai eyes 350 billion yuan in annual output value of NEV manufacturing industry by 2025
Shanghai eyes 350 billion yuan in annual output value of NEV manufacturing industry by 2025

Shanghai expects the annual output value of its new energy vehicle (NEV) manufacturing industry to reach around 350 billion yuan ($54.123 billion) by 2025, according to a document Shanghai municipal government issued earlier this week.

Jul. 22 , 2021
BAIC Group, subsidiaries given 50 billion yuan worth of credit line from China Development Bank
BAIC Group, subsidiaries given 50 billion yuan worth of credit line from China Development Bank

On July 21, BAIC Group and China Development Bank’s Beijing branch entered into a strategic cooperation agreement under which the latter will grant a credit line worth 50 billion yuan ($7.722 billion).

Jul. 21 , 2021
Gotion High-Tech’s subsidiary to build 20GWh battery base for producing VW’s unified cells
Gotion High-Tech’s subsidiary to build 20GWh battery base for producing VW’s unified cells

On July 20, Hefei Gotion signed an agreement with the management committee of Hefei Xinzhan High-tech Industrial Development Zone, intending to build a power battery base dedicated to manufacturing Volkswagen’s unified cells.

Jul. 21 , 2021
BYD hits 100,000-unit outputs milestone for BYD Han
BYD hits 100,000-unit outputs milestone for BYD Han

BYD saw the 100,000th BYD Han sedan roll off the production line at the plant in Pingshan district, Shenzhen, only one year after the model going on sale.

Jul. 20 , 2021
Anhui aims to contribute 10% of China’s NEV production in 2023
Anhui aims to contribute 10% of China’s NEV production in 2023

Anhui province, in eastern China, aims to nurture 3 to 5 new energy vehicle (NEV) enterprises of great influence and a group of key parts suppliers with global competitiveness.

Jul. 20 , 2021