Search Results for "NEV "

NEV startup CHJ Automotive plans VIE structure for capital pressure relief
NEV startup CHJ Automotive plans VIE structure for capital pressure relief

Leo Group announced on June 17 that CHJ Automotive plans to build a VIE (Variable Interest Entity) architecture and carry out relevant equity restructuring.

Jun. 19 , 2019
Evergrande Group to pump RMB120 billion into NEV bases in Shenyang
Evergrande Group to pump RMB120 billion into NEV bases in Shenyang

Chinese real estate giant China Evergrande Group on June 15 inked a strategic cooperation agreement with Shenyang Municipal Government for its NEV bases’ deployment, only four days after forging partnership with Guangzhou Government.

Jun. 17 , 2019
BYD sees May sales drop 10.22%, while NEV sales surge 53.77%
BYD sees May sales drop 10.22%, while NEV sales surge 53.77%

Chinese automaker BYD Company Limited reported on June 6 that its sales in May of 2019 declined 10.22% over a year ago to 33,920 units, which were also 10.36% less than that of a month earlier.

Jun. 10 , 2019
Hainan Province to remove NEV local subsidy from June 26
Hainan Province to remove NEV local subsidy from June 26

The government of China’s Hainan Province recently announced that consumers who buy new energy vehicles (NEVs) with license (excluding buses and fuel cell vehicles) will no longer enjoy the subsidy offered by local government from June 26 on.

May 6 , 2019
China’s Zotye Auto to roll out 10 plus NEV models by 2020
China’s Zotye Auto to roll out 10 plus NEV models by 2020

Zotye Auto, a China-based privately-owned automaker, plans to roll out over 10 NEV models by 2020 as part of its newly-launched NEV strategy targeting the next fifteen years, according to a press release from the carmaker.

May 6 , 2019
FAW Xiali to build NEV joint venture with startup Bordrin
FAW Xiali to build NEV joint venture with startup Bordrin

Tianjin FAW Xiali Automobile Co., Ltd. (FAW Xiali) announced on April 29 that it has signed a framework agreement with the new energy vehicle (NEV) startup Nanjing Bordrin New Energy Vehicle Co., Ltd. to build a JV focusing on manufacturing NEVs.

Apr. 30 , 2019