Search Results for "NEV "

Chinese home appliance producer Midea said to tap NEV field
Chinese home appliance producer Midea said to tap NEV field

Chinese home appliance giant Midea Group will spend RMB740 million to control 23.73% of voting shares in Beijing-based variable frequency drive supplier Hiconics Eco-energy Technology (Hiconics).

Apr. 2 , 2020
China extends subsidy for NEV purchase for two years
China extends subsidy for NEV purchase for two years

China has determined to extend the validity period of the subsidies on new energy purchases and NEV purchase tax exemption for two years, state media reported on March 31.

Mar. 31 , 2020
Geely-backed NEV brand Maple unveils first production model Maple 30X
Geely-backed NEV brand Maple unveils first production model Maple 30X

Maple, a NEV brand backed by Geely Technology Group, unveiled the look of its first production EV model, the Maple 30X, which rolled off the production line on Jan. 13 and is said to be launched in April this year.

Mar. 25 , 2020
China’s locally-born NEV brands bear heavier stress amid epidemic
China’s locally-born NEV brands bear heavier stress amid epidemic

In February, automakers in China sold roughly 11,000 locally-produced new energy PVs (NEPVs) in total, a year-on-year plunge of 77.7% and a month-on-month slump of 70%, according to the China Passenger Car Association (CPCA).

Mar. 11 , 2020
BYD for the second time receive NEV subsidy in March
BYD for the second time receive NEV subsidy in March

BYD Company Limited said on March 10 the Xi’an Finance Bureau will allocate to its subsidiary BYD Automobile Co.,Ltd RMB1,983,510,000 of central government subsidy for new energy vehicle (NEV) promotion that occurred in 2018.

Mar. 11 , 2020
BYD’s subsidiary receives RMB1.342 bln of governmental subsidy on NEV sales
BYD’s subsidiary receives RMB1.342 bln of governmental subsidy on NEV sales

BYD announced on March 2 its subsidiary BYD Auto Industry Co.,Ltd scored RMB1,342,260,000 of central government subsidy for new energy vehicle promotion that occurred in 2017.

Mar. 4 , 2020