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China-based EV startup NIO got RMB10 billion worth of investment in May by signing a framework agreement with Beijing E-Town International Investment & Development Co.,Ltd (Beijing E-Town Capital).
May 28 , 2019Qianxun SI, a Chinese positioning service provider, has formed a partnership with China’s state-owned FAW Group to provide its high-precision location-based service for the latter’s Hongqi-branded vehicles to be mass produced in 2020.
May 28 , 2019The Geely Binyue, a SUV model hitting the market at the end of last October, will see its PHEV version go on sale on May 28. It is also Geely’s first BMA (B-segment Modular Architecture)-based plug-in hybrid SUV.
May 28 , 2019No matter where in the world you charge your car, it will likely still save you money over paying for gas. However, with that being said, the cost to charge an EV varies geographically.
May 27 , 2019To implement earnestly Vehicle Purchase Tax Law of the PRC, China’s Ministry of Finance and State Taxation Administration jointly issued on May 24 the Announcement on Detailed Policies Concerning Vehicle Purchase Tax, which shall come into effect on
May 27 , 2019On May 23, Chery Holdings Co.,Ltd signed a strategic cooperation agreement with China Everbright Bank for a credit line worth over RMB10 billion.
May 27 , 2019










