Search Results for "NEV"

GAC Toyota to increase capacity by 400,000 NEVs per year with RMB11.329 billion investment
GAC Toyota to increase capacity by 400,000 NEVs per year with RMB11.329 billion investment

GAC Toyota, one of Toyota’s major joint ventures in China, is ready to plow RMB 11.329 billion (around $1.644 billion) into a program for new energy vehicle (NEV) capacity expansion, according to an announcement released on May 6 by GAC Group.

May 7 , 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
Chairman of startup BYTON joins NEV maker ICONIQ
Chairman of startup BYTON joins NEV maker ICONIQ

Dr. Carsten Breitfeld, former Chairman and Co-founder of EV startup BYTON, has joined ICONIO Motors, a Tianjin-based new energy vehicle maker, according to his own confirmation delivered at the Auto Shanghai 2019.

Apr. 16 , 2019
JAC Motors releases new product planning, including many NEVs
JAC Motors releases new product planning, including many NEVs

JAC Motors released its new product planning on April 9, saying it plans to launched three all-new models—the A432, the S432 and S811, and seven upgraded models from 2019 to 2021.

Apr. 10 , 2019
BYD sees NEV sales in March skyrocket 115.6% year on year
BYD sees NEV sales in March skyrocket 115.6% year on year

BYD Company Limited (BYD) announced that it sold 46,825 vehicles in March, achieving a year-on-year growth of 8.5% and a month-on-month surge of 74.5%.

Apr. 9 , 2019