Search Results for "EV"

China extends NEV purchase tax exemption by another year
China extends NEV purchase tax exemption by another year

China will extend its exemption of purchase taxes on new energy vehicles (“NEVs”) to the end of 2023, the country’s State Council decided at an executive meeting held on August 18, as part of measures to boost automobile sales.

Aug. 22 , 2022
Desay SV achieves 56.93% YoY surge in H1 2022 revenue
Desay SV achieves 56.93% YoY surge in H1 2022 revenue

China’s leading automotive electronics supplier Desay SV celebrated a substantial surge in its semiannual revenue and profit in the first half of 2022, the company announced on August 18th.

Aug. 19 , 2022
JAC Group, BOE to jointly promote intelligent connected vehicle development
JAC Group, BOE to jointly promote intelligent connected vehicle development

Chinese automaker JAC Group inked a strategic cooperation framework agreement with local IoT developer, BOE, in Hefei, Anhui Province, in an effort to deepen their existing partnership as well as to make advancements in the intelligent connected vehi

Aug. 18 , 2022
Sunwoda EVB reportedly raises 6 billion yuan in new funding round
Sunwoda EVB reportedly raises 6 billion yuan in new funding round

Sunwoda Electric Vehicle Battery Co., Ltd. has closed a new financing round with 6 billion yuan ($885.688 million) raised, which was greatly beyond the previously expected 3 billion yuan.

Aug. 17 , 2022
NavInfo's revenue increases 14.22% YoY in H1 2022
NavInfo's revenue increases 14.22% YoY in H1 2022

China’s automotive intelligence developer NavInfo saw its semiannual revenue climbing by 14.22% year over year in the first half of 2022, according to the company’s financial report.

Aug. 17 , 2022