Articles Tagged with "EV"

WM Motor achieves MoM sales growth for 5 straight months
WM Motor achieves MoM sales growth for 5 straight months

WM Motor announced that its new vehicle sales in July were nearly doubled over a year ago to 2,036 units, a new record-breaking figure in terms of monthly sales.

Aug. 6 , 2020
Honda’s China business achieves best-ever figure in July deliveries
Honda’s China business achieves best-ever figure in July deliveries

Japanese automaker Honda said its new vehicle deliveries in China jumped 17.8% from the previous year to 136,646 units last month, the highest-ever volume in terms of July sales.

Aug. 6 , 2020
BAIC BluePark intends to raise up to 5.5 billion yuan for development of ARCFOX premium models
BAIC BluePark intends to raise up to 5.5 billion yuan for development of ARCFOX premium models

BAIC BluePark intends to raise not more than 5.5 billion yuan ($787,841,450) through a non-public issuance of stocks, some of which are set to be poured in the development of ARCFOX-branded premium vehicle models and relevant network construction.

Aug. 5 , 2020
China honored world’s biggest NEV country for fifth year in a row
China honored world’s biggest NEV country for fifth year in a row

China has been honored the world’s largest NEV market in terms of both outputs and sales for the fifth year in a row as of 2019, said Xin Guobin, vice minister of China’s Ministry of Industry and Information Technology (MIIT).

Aug. 3 , 2020
Hongqi’s July sales nearly doubled from year-ago level
Hongqi’s July sales nearly doubled from year-ago level

FAW Group’s Hongqi reported a July sales volume exceeding 17,500 units, which surged 99% over the previous year. For the first seven months, the premium auto brand saw its sales skyrocket 108% year on year to 875,000 units.

Aug. 3 , 2020
Guangdong to encourage foreign firms to invest in NEV businesses
Guangdong to encourage foreign firms to invest in NEV businesses

Guangdong provincial government stated earlier this month that it will encourage foreign investors to plow capital into new energy vehicle (NEV) businesses and relax foreign ownership restrictions on commercial vehicle (CV) manufacturers.

Jul. 30 , 2020