Search Results for "NEV "

BYD’s chairman says NEV market share in China to top 35% by 2022
BYD’s chairman says NEV market share in China to top 35% by 2022

The annual sales of new energy vehicles (NEVs) in China is expected to surpass 3.3 million units in 2021, and the NEV penetration rate is likely to top 35% by the end of 2022, said Wang Chuanfu, chairman and president of BYD Company Limited.

Nov. 22 , 2021
JAC’s Sehol said to launch two new NEV models in 2022
JAC’s Sehol said to launch two new NEV models in 2022

Sehol, a car brand owned by the joint venture between JAC Group and Volkswagen Group, will launch two new NEV models, namely, the E50A Pro and the E60X, in 2022, according to a local media outlet.

Nov. 22 , 2021
Sunwoda, Wuling Industrial attempt to build JV for NEV power battery system
Sunwoda, Wuling Industrial attempt to build JV for NEV power battery system

Wuling Industrial has entered into an MoU with Sunwoda EV Battery for a possible investment and establishment of a joint venture dedicated to manufacturing power battery system products for new energy vehicles (NEVs).

Nov. 11 , 2021
China’s SVOLT to pour 15 billion yuan in 40GWh NEV battery project in Changzhou
China’s SVOLT to pour 15 billion yuan in 40GWh NEV battery project in Changzhou

On October 9, SVOLT Energy Technology Co., Ltd. entered into a cooperation agreement with the government of Jintan District, Changzhou City for a power battery manufacturing project.

Oct. 11 , 2021
SAIC Motor’s auto sales fall 14.36% YoY in Sept., while NEV sales surge 61.3%
SAIC Motor’s auto sales fall 14.36% YoY in Sept., while NEV sales surge 61.3%

SAIC Motor said its new vehicle sales reached 515,804 units last month, dropping 14.36% compared to the previous year. As of Sept. 2021, the Shanghai-based auto giant had posted year-on-year sales decline for the fifth month in a row.

Oct. 11 , 2021
Evergrande Shanghai  NEV research unit records surge in registered capital
Evergrande Shanghai NEV research unit records surge in registered capital

Evergrande Hengchi New Energy Vehicle Research Institute (Shanghai) Co.,Ltd. saw its registered capital surge 900% to 1 billion yuan.

Oct. 9 , 2021