Search Results for "EV"

China EV startup AIWAYS said to acquire stakes in Jiangling Motors
China EV startup AIWAYS said to acquire stakes in Jiangling Motors

China-based EV startup AIWAYS is said to acquire stakes in Jiangling Motors Co., Ltd. (JMC), while the detail transaction value still remained unknown, according to a financing record exposed by Tianyancha on May 23.

May 24 , 2019
BYD says newly received RMB3.458 billion state’s NEV subsidy helps improve cash flow
BYD says newly received RMB3.458 billion state’s NEV subsidy helps improve cash flow

BYD Company Limited said on May 22 that its subsidiary BYD Auto Industry Company Limited has received the state’s subsidy on new energy vehicle promotion amounting to RMB3.458 billion from Shenzhen Pingshan District Finance Bureau.

May 23 , 2019
Unofficial study predicts China’s timetable for phasing out traditional ICEVs
Unofficial study predicts China’s timetable for phasing out traditional ICEVs

On May 20, the China Oil Consumption Cap Plan and Policy Research Project released a Study on China's Timetable For Phasing-out Traditional ICE-vehicles, which predicted the phasing-out progress of China’s internal combustion engine vehicles (ICEVs)

May 22 , 2019
Geely Auto Opens Research & Development Centre in Germany
Geely Auto Opens Research & Development Centre in Germany

Geely Auto to recruit 300 engineers to work on new energy solutions at Raunheim facility near Frankfurt.

May 20 , 2019
DiDi Enters Strategic Partnership with China’s State Grid EV Service
DiDi Enters Strategic Partnership with China’s State Grid EV Service

Didi Chuxing, the world’s leading multi-modal transportation platform, today finalized a strategic partnership agreement with State Grid EV Service, an affiliate of State Grid Corporation of China (“State Grid”).

May 16 , 2019
EV startup Sitech closes Series B funding round, almost reaches unicorn status
EV startup Sitech closes Series B funding round, almost reaches unicorn status

Sitech on May 16 announced the completion of a Series B funding round, which is led by an industrial investment fund of Changshou District in Chongqing. Up until now, the startup is valued at over RMB10 billion, almost reaching a unicorn status.

May 16 , 2019