DearCC closes RMB 2 bln pre-A round funding

DearCC, China’s EV startup, announced that it has closed RMB 2 billion pre-A funding round in the first half of 2018, aRead more

BAIC to stop making fuel-powered vehicles by July 31 in Beijing

Xu Heyi, chairman of BAIC Group, disclosed that BAIC Group will fully stop producing traditional fuel-powered vehicles iRead more

Beijing Benz to expand production to manufacture pure electric Mercedes-Benz models

Beijing Benz Automotive Co., Ltd. (BBAC), a JV co-invested by BAIC Motor, Daimler AG and Daimler Greater China Ltd. (DGRRead more

Yogomo changes name as Link Tour to target new energy PVs

Hebei Yogomo Vehicle Co., Ltd. (Yogomo) plans to change its name as Link Tour Automobile Co., Ltd., according to the offRead more

Beijing adjusts NEV subsidies

The Beijing Finance Bureau announced that Beijing will adjust the municipal subsidies of new energy vehicles (NEV), sayiRead more

Another seven NIO Houses to open by end of September

It is revealed that NIO will open seven new NIO Houses by the end of September. Specifically, the NIO House in Xihu, HanRead more

Patent images of Geely Global Hawk pure electric vehicle exposed

A range of the patent images of the Geely Global Hawk K23 recently were exposed. Positioned as a pure electric vehicle mRead more

GAC Group plans to set up JVs with CATL

GAC Group announced that it plans to sign a joint venture operation contract with Contemporary Amperex Technology LimiteRead more

CATL sees significant improvement for Q2 net profit, compared with Q1

CATL’s net profit attributable to shareholders of the parent company is expected to reach RMB 883.7616 million to RMB 9Read more

Installed capacity of power battery reaches 2.87GWh in June

China’s installed capacity of power battery for new energy vehicles (NEV) reached 2.87GWh in June, leaping 33.58% year Read more