Search Results for "NEV"

GAC Group teams up with NIO to establish NEV JV
GAC Group teams up with NIO to establish NEV JV

GAC Group announced on the evening of Dec. 27 that it will team up with NIO to jointly set up a new JV, GAC NIO New Energy Automotive Co., Ltd.

Dec. 28 , 2017
China to exempt NEV purchase tax for another 3 years
China to exempt NEV purchase tax for another 3 years

China’s Ministry of Finance announced on Wednesday that the new energy vehicle (NEV) purchasing tax exemption will be continued for another 3 years, from the first day of 2018 to the end of 2020.

Dec. 27 , 2017
Baoneng invests RMB 30 billion (about $ 4.6 billion) in NEV sector
Baoneng invests RMB 30 billion (about $ 4.6 billion) in NEV sector

On Dec. 26, Baoneng Group started to construct a new NEV industrial park with a total investment of RMB 30 billion (about $4.6 billion) in Guangzhou Economic & Technological Development Zone.

Dec. 27 , 2017
SAIC Roewe NEV cumulative sales hit historical high
SAIC Roewe NEV cumulative sales hit historical high

In November, SAIC Roewe delivered 5,101 new energy vehicles (NEVs), soaring 104% year on year. Its cumulative sales from January to November reached 37,996 units with a yearly growth of 90%, hitting historical high.

Dec. 20 , 2017
NEVs with range less than 150km unlikely to receive subsidies
NEVs with range less than 150km unlikely to receive subsidies

It seems deterministic that NEV subsidy will phase out, but recently the rumor goes that in 2018, the subsidy will be reduced faster and the rules may be modified. One of the changes may be that NEV with a range of less than 150km.

Dec. 15 , 2017
BAIC BJEV Jiangshan base aims to produce 80,000 NEVs in 2017
BAIC BJEV Jiangshan base aims to produce 80,000 NEVs in 2017

It’s also guaranteed that Jiangshan Base NEV production volume will be at least 60,000 units this year and sprint for 80,000 units with an expected total production value exceeding RMB 6 billion.

Dec. 14 , 2017