Search Results for "EV"

NEVs, HEVs to each account for 50% of China new vehicle sales in 2035
NEVs, HEVs to each account for 50% of China new vehicle sales in 2035

Sales of new energy vehicles (NEVs) in China, the world’s biggest auto market, will grow to 20% of overall new vehicle sales by 2025 from today’s 5% and jump to 50% by 2035, the China Society of Automotive Engineers (China-SAE) said on October 27.

Oct. 27 , 2020
SAIC VW's EV-only plant starts official production
SAIC VW's EV-only plant starts official production

On October 27, the ID.4 X, SAIC Volkswagen (SAIC VW)'s first all-electric compact SUV, was formally put into production at the joint venture's NEV-focused plant in Anting, Shanghai.

Oct. 27 , 2020
Tesla's Giga Shanghai Phase 2 passes gateway review
Tesla's Giga Shanghai Phase 2 passes gateway review

The project of Tesla Shanghai Gigafactory's second phase has gone through its gateway review, according to a local media outlet.

Oct. 22 , 2020
Evergrande Auto launches pre-listing tutoring process
Evergrande Auto launches pre-listing tutoring process

China Evergrande New Energy Vehicle Group Limited (Evergrande Auto) has entered into a pre-listing tutoring agreement with Haitong Securities Co., Ltd.

Oct. 20 , 2020
BYD purchases 6.93% stake in chipset developer Allystar
BYD purchases 6.93% stake in chipset developer Allystar

BYD Company Limited (BYD) has acquired 6.93% equity stake in Allystar Technology (Shenzhen) Co.,Ltd., becoming one of the five shareholders newly added on October 15 to the latter’s investor lineup.

Oct. 19 , 2020
Tesla to launch NEV innovation center in Hainan Free Trade Zone
Tesla to launch NEV innovation center in Hainan Free Trade Zone

Tesla is ready to set up a new energy vehicle innovation center in Hainan, China’s southernmost province and deploy its superchargers around the island province, one of 46 key investment projects signed by Hainan FTP on October 13.

Oct. 15 , 2020