Search Results for "NEV"

RMB31.3 billion budgeted as NEV subsidy in 2020
RMB31.3 billion budgeted as NEV subsidy in 2020

A total of RMB31.3 billion will be earmarked next year as New Energy Vehicle subsidies of 2017 and 2018, according to a filing from China’s Ministry of Finance.

Nov. 26 , 2019
Auto dealership China Grand Auto to form JV with State-Grid’s subsidiary for NEV charging service
Auto dealership China Grand Auto to form JV with State-Grid’s subsidiary for NEV charging service

China Grand Auto, the Chinese biggest auto dealership, announced on Nov. 19 the plan of building a joint venture with State Grid Electric Vehicle Service Co., Ltd. (State Grid EV) to co-develop NEV charging business and relevant after-sale services.

Nov. 20 , 2019
Evergrande Health to make $3 billion worth of further investment in NEVS
Evergrande Health to make $3 billion worth of further investment in NEVS

Evergrande Health, a unit of China Evergrande Group, has agreed a further investment amounting of around $3 billion in its subsidiary NEVS, a Sweden-based intelligent EV manufacturer, as the company believes it will help NEVS’s business growth.

Nov. 12 , 2019
China’s 2019 NEV sales forecast once again lowered
China’s 2019 NEV sales forecast once again lowered

China once again lowered the full-year NEV sales forecast for 2019 after three straight months of year-on-year decline.

Oct. 21 , 2019
China‘s Sept. auto sales jump MoM, but NEV sales plunge 34.2% YoY
China‘s Sept. auto sales jump MoM, but NEV sales plunge 34.2% YoY

China’s auto market faced its 15th-month-in-a-row decline in monthly sales as of September, 2019.

Oct. 14 , 2019
BYD’s Jan.-Sept. sales edge down 4.49%, while NEV sales rise steadily
BYD’s Jan.-Sept. sales edge down 4.49%, while NEV sales rise steadily

Chinese automaker BYD saw its new energy vehicle (NEV) sales steadily rise for the first nine months of 2019, while sharply decline in September.

Oct. 11 , 2019