Articles Tagged with "NEV"

BYD’s auto sales in 2019 fall 11.39%, NEV sales drop 7.39%
BYD’s auto sales in 2019 fall 11.39%, NEV sales drop 7.39%

In 2019, Chinese automaker BYD saw its full-year auto sales slide 11.39% year on year with both NEV and oil-fueled vehicle businesses hit by decrease, according to BYD’s recent sales report.

Jan. 8 , 2020
China-built Tesla Model 3 exempted from vehicle purchase tax on NEVs
China-built Tesla Model 3 exempted from vehicle purchase tax on NEVs

The Model 3 locally-produced by Tesla (Shanghai) Co.,Ltd has been exempted from the vehicle purchase tax on NEVs, according to a filing released by China’s Ministry of Industry and Information Technology (MIIT) on December, 27.

Dec. 27 , 2019
BAIC Motor to invest in national NEV tech innovation center to speed up innovation
BAIC Motor to invest in national NEV tech innovation center to speed up innovation

BAIC Motor on December 24 agreed with other investors to add capital to the National New Energy Vehicle Technology Innovation Center (National NEV Tech Innovation Center).

Dec. 25 , 2019
Shareholder of Evergrande NEVS (Shanghai) to sell 20% stake
Shareholder of Evergrande NEVS (Shanghai) to sell 20% stake

Shanghai Songjiang Economic & Technological Development Group, one of the two shareholders of Evergrande NEVS (Shanghai), is going to transfer its 20% stake in Evergrande NEVS (Shanghai).

Dec. 16 , 2019
Sky-well New Energy Automobile, BAK Battery to ally on battery supply, NEV tech development
Sky-well New Energy Automobile, BAK Battery to ally on battery supply, NEV tech development

On December 12, Sky-well New Energy Automobile Group Co. Ltd (Sky-well) and Shenzhen BAK Power Battery Co., Ltd (BAK Battery) agreed to forge a long-term strategic partnership on new energy vehicle (NEV) development.

Dec. 13 , 2019
China’s NEV subsidies occurred in 2018 to total RMB13.778 billion
China’s NEV subsidies occurred in 2018 to total RMB13.778 billion

China’s Ministry of Industry and Information Technology (MIIT) said on December 10 the government subsidies for new energy vehicle (NEV) promotion and application that occurred in 2018 were forecasted to reach RMB13.778 billion.

Dec. 12 , 2019