Articles Tagged with "NEV"

China issues new NEV subsidy policy with higher tech thresholds, reduced subsidy amounts
China issues new NEV subsidy policy with higher tech thresholds, reduced subsidy amounts

Chinese authorities on March 26 unveiled a tougher new energy vehicle (NEV) subsidy policy to boost a high-quality development of NEV industry.

Mar. 27 , 2019
Startup Dearcc’s Enovate starts construction of NEV base with RMB5.1 bln invested
Startup Dearcc’s Enovate starts construction of NEV base with RMB5.1 bln invested

Enovate, the premium car brand founded by Chinese EV startup Dearcc, officially commenced the construction of its new energy vehicle (NEV) on March 20, according to local media outlets.

Mar. 25 , 2019
11 companies including FAW, Tencent, Alibaba set up RMB9.76 bln fund for NEV car-sharing business
11 companies including FAW, Tencent, Alibaba set up RMB9.76 bln fund for NEV car-sharing business

Changan Automobile announced on March 22 that it has signed an agreement in Nanjing with ten companies including Suning, FAW Group, Dongfeng Motor, Tencent and Alibaba, etc., to build a joint venture that focuses on NEV-based car-sharing businesses.

Mar. 22 , 2019
Evergrande sets up NEV company with four wholly-owned subsidiaries
Evergrande sets up NEV company with four wholly-owned subsidiaries

Evergrande New Energy Vehicle Co., Ltd was founded on January 25 with a registered capital of $2 billion, according to the record from tianyancha.com, a data search platform in China.

Feb. 27 , 2019
BYD increases registered capital of BYD-Daimler NEV JV by RMB200 million
BYD increases registered capital of BYD-Daimler NEV JV by RMB200 million

BYD announced on February 1 that it agreed a proposal that allows BYD Auto Industry Company Limited, its wholly-owned subsidiary, to inject an additional RMB 200 million as registered capital into Shenzhen DENZA New Energy Automotive Co., Ltd.

Feb. 11 , 2019
Summary: 2018 NEV sales target completion rate for China-based mainstream automakers
Summary: 2018 NEV sales target completion rate for China-based mainstream automakers

China’s new energy vehicle (NEV) sales shot up 61.7% year on year (YoY) to 1.256 million units, according to sales data released by the China Association of Automobile Manufacturers (CAAM).

Jan. 31 , 2019