Search Results for "NEV"

Shenzhen offers NEV buyers subsidies of up to 40,000 yuan per car
Shenzhen offers NEV buyers subsidies of up to 40,000 yuan per car

Shenzhen, a coastal city in the south of Guangdong Province, will offer up to 40,000 yuan ($5,644) per car of subsidies to consumers who buy new energy vehicles (NEVs) as part of efforts to stimulate automobile consumption.

Jun. 15 , 2020
Shareholder of Evergrande NEVS (Shanghai) sells 20% stake
Shareholder of Evergrande NEVS (Shanghai) sells 20% stake

20% stake of Evergrande NEVS (Shanghai) has been transferred with a final transaction price of RMB 443 million.

Jun. 3 , 2020
Beijing to add 20,000 NEV license plates for car-free families
Beijing to add 20,000 NEV license plates for car-free families

Beijing plans to increase 20,000 NEV (new energy vehicle) license plates at one go in the second half of 2020, which will be all allocated to car-free families, according to a draft regulation released by Beijing Municipal Commission of Transport.

Jun. 1 , 2020
BYD gains double-digit growth in April oil-fueled vehicle sales, but NEV sales still slump
BYD gains double-digit growth in April oil-fueled vehicle sales, but NEV sales still slump

For the month of April, BYD posted a 15.94% decrease from the prior-year period, while boasted a month-on-month growth of 3.95% as the market has continually take a favorable turn with the coronavirus ebbing in China.

May 7 , 2020
China extends NEV subsidies to 2022 with slower phase-out pace
China extends NEV subsidies to 2022 with slower phase-out pace

China will extend subsidies for NEV purchases to 2020, which were supposed to be stopped by the end of this year.

Apr. 23 , 2020
BMW Brilliance expanding R&D hub’s second phase partly for NEV push
BMW Brilliance expanding R&D hub’s second phase partly for NEV push

BMW Brilliance Automotive (BBA) recently kicked off the expansion of its R&D hub’s second phases as BMW Group is forging ahead with its localization strategy and NEV push in China.

Apr. 23 , 2020