Articles Tagged with "EV"

2018 likely to be watershed for NEV companies
2018 likely to be watershed for NEV companies

On December 15th, Lu Huaping, the assistant to Secretary General of the China Passenger Car Association, revealed that, the new energy vehicle subsidy policy will be further tightened up.

Dec. 20 , 2017
SAIC Roewe NEV cumulative sales hit historical high
SAIC Roewe NEV cumulative sales hit historical high

In November, SAIC Roewe delivered 5,101 new energy vehicles (NEVs), soaring 104% year on year. Its cumulative sales from January to November reached 37,996 units with a yearly growth of 90%, hitting historical high.

Dec. 20 , 2017
Weichai targets $100 billion revenue by 2030
Weichai targets $100 billion revenue by 2030

On December 18th, Weichai Group announced proudly that, by December 18th, the annual revenues of Weichai had reached over RMB 200 billion, and the total annual revenues are expected to reach RMB 220 billion, with over RMB 10 billion profit.

Dec. 19 , 2017
NEVs with range less than 150km unlikely to receive subsidies
NEVs with range less than 150km unlikely to receive subsidies

It seems deterministic that NEV subsidy will phase out, but recently the rumor goes that in 2018, the subsidy will be reduced faster and the rules may be modified. One of the changes may be that NEV with a range of less than 150km.

Dec. 15 , 2017
BAIC BJEV Jiangshan base aims to produce 80,000 NEVs in 2017
BAIC BJEV Jiangshan base aims to produce 80,000 NEVs in 2017

It’s also guaranteed that Jiangshan Base NEV production volume will be at least 60,000 units this year and sprint for 80,000 units with an expected total production value exceeding RMB 6 billion.

Dec. 14 , 2017
FAW-VW Qingdao plant to Build Bora BEV
FAW-VW Qingdao plant to Build Bora BEV

The FAW-VW’s Production Base in Qingdao in east China officially started in construction in July 2015. The first phase of the project has invested about RMB 10 billion and it will produce 300,000 vehicles per year.

Dec. 14 , 2017