Search Results for "NEV"

China’s startup Enovate Motors to build NEV production, R&D base in Saudi Arabia
China’s startup Enovate Motors to build NEV production, R&D base in Saudi Arabia

Enovate Motors last week inked an agreement with Sumou Holding to build a joint venture for new energy vehicle (NEV) production in Saudi Arabia, according to a press release Enovate Motors issued on Dec. 12.

Dec. 13 , 2022
China’s NEV sales shoot up 72.3% YoY in November 2022
China’s NEV sales shoot up 72.3% YoY in November 2022

In November, China’s overall auto output and sales faced a downward movement due to a bearish market. Nonetheless, sales of new energy vehicles (NEVs) continued to refresh its record in the past month, while the auto export volume remained promising.

Dec. 9 , 2022
Changan Auto sees YoY spike in wholly-owned NEV sales in November
Changan Auto sees YoY spike in wholly-owned NEV sales in November

In November 2022, Chinese automaker Chongqing Changan Automobile Co., Ltd. (Changan Automobile) continued to see blooming numbers in its wholly-owned brands’ new energy vehicle sales.

Dec. 8 , 2022
Great Wall Motor launches NEV-dedicated brand ‘GWM’ in Brazil
Great Wall Motor launches NEV-dedicated brand ‘GWM’ in Brazil

Chinese biggest SUV manufacturer, Great Wall Motor, held a ceremony in Brazil on Nov. 23 local time to launch the brand "GWM" in this country, indicating a milestone in the company's global promotion of its new energy vehicles.

Nov. 25 , 2022
BYD announces new price rise plan on some NEV models
BYD announces new price rise plan on some NEV models

BYD announced on Nov. 23 that it will raise the guidance prices of some NEV models under its Dynasty and Ocean series, and DENZA brand by 2,000 yuan to 6,000 yuan ($280-$840) per car.

Nov. 23 , 2022
Chinese NEV startup Letin closes Series A funding
Chinese NEV startup Letin closes Series A funding

Chinese new energy vehicle startup Letin announced on Monday the completion of its Series A financing, which raised for the company a total of 3.2 billion yuan ($446.896 million).

Nov. 22 , 2022