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China accelerates FCV development
China accelerates FCV development

About 5,000 hydrogen FCVs (fuel cell vehicle) are expected to be offered in 2020 in China, with the total number likely to reach 10,000 units by the end of the year.

Jan. 17 , 2020
Beijing proposes to build 100 battery swapping stations
Beijing proposes to build 100 battery swapping stations

​Beijing plans to construct 100 battery swapping stations this year and further improve the new energy vehicle (NEV) deployment.

Jan. 17 , 2020
First prototype vehicle of HYCAN 007 rolls off the production line
First prototype vehicle of HYCAN 007 rolls off the production line

The first prototype vehicle of the HYCAN 007, the first production model under the umbrella of HYCAN, has recently rolled off the production line at GAC NE’s Guangzhou-based intelligent and ecological auto plant.

Jan. 16 , 2020
BYD, Daimler once again adds capital to NEV joint venture DENZA
BYD, Daimler once again adds capital to NEV joint venture DENZA

On January 14, registered capital of Shenzhen DENZA New Energy Automotive Co.,Ltd, a joint venture between BYD and Daimler, was increased by RMB700 million to RMB5.76 billion, according to an update record from corporate data platform Tianyancha.

Jan. 16 , 2020
GAC Group says report about its $1 billion investment in NIO is untrue
GAC Group says report about its $1 billion investment in NIO is untrue

GAC Group said the report about its plan of seeking $1 billion for investment in NIO is untrue.

Jan. 16 , 2020
GAC Group rumored to invest in startup NIO
GAC Group rumored to invest in startup NIO

Chinese state-owned automaker GAC Group is seeking to raise a fund worth of around $1 billion for future investment in the EV startup NIO, a local media outlet reported on January 15, citing people briefed on the plan.

Jan. 15 , 2020