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According to China’s National Development and Reform Commission’s Notice regarding the Pricing on the Tariff of Electric Vehicles, all the public charging piles for electric vehicles in Beijing that are powered by the grid of State Grid Beijing Electric Power Company will be charged based on peak-valley TOU tariff, effective from June 15th.
Jun. 20 , 2016Wkzuche, a full-time B2P car rental platform in China, has announced that it has acquired tens of million yuan in Series A round of financing led by BOJIANG CAPITAL, and jointly followed by Zhen Fund, King Fund, Buttonwood Fund, and private investor Zhou Weihong, in this May, with an aim to become the leading company in the industry of road trips.
Jun. 20 , 2016Gasgoo.com (Shanghai) - One trend evident in recent years is the decline of Korean manufacturers in the SUV market. Only one Korean SUV model, Beijing Hyundai’s New Tucson, managed to sell over 10,000 units in April, as shown by China Passenger Car Association statistics compiled by Gasgoo.com (Chinese). Other Korean SUVs, including the ix25, KX5, Sportage-R, ix35 and KX3, were far outside of the top 20 best-selling SUV models of the month.
Jun. 16 , 2016Thanks to Chinese buyers’ prevailing flavor of SUVs, the sales of vehicles in China is up by 9.75% to 2,091,700 units in May. However, the growth of SUV sales has been slowing down while the sales of alternative energy vehicles are still expanding at a high pace, according to China Association of Automobile Manufacturers.
Jun. 15 , 2016