Analysts explain why BYD NEV sales drop sharply in February
BYD's NEV sales dropped sharply in February compared with January, and the Chinese New Year holiday is a very important reason. Beyond that, analysts believe there are other factors behind the decrease, but they will all be short-lived.
Northern China's Changchun city will no longer use fuel vehicles for new cabs starting this year
Changchun will no longer use fuel cars for new cabs and official vehicles starting this year in an effort to be the pioneer city in promoting new energy vehicles in China's alpine and seasonal tundra regions.
These are the Chinese cities with strongest demand for new energy vehicles
The top three cities for new energy vehicle sales in China in 2020 are Shanghai, Beijing and Shenzhen, and the cities with the highest sales growth rates are Chongqing, Shanghai and Zhengzhou, according to a report released by Chinese search giant Baidu.
SAIC R brand's first supercharging station begins operation with up to 120kW of power
The first Supercharger station of Chinese automaker SAIC’s R brand has been put into operation at Shanghai Nanxiang Incity MEGA, offering DC Supercharging up to 120kW as well as AC slow charging.
Geely aims to launch flying cars in Chinese market by 2024
Chinese automaker Geely is aiming to launch a flying car in the Chinese market by 2024, built by its subsidiary Aerofugia and German company Volocopter, according to Jing Chao, CEO of Aerofugia.
Auto chip shortage expected to last six months to nine months
In January, the impact of the shortage of chips was shown in China's decreased auto production.
Nio's William Li visits oil giant Sinopec
Local media reported that they discussed the development trend of the electric vehicle industry, charging and battery swap facilities construction, and high-end synthetic materials.
CATL plans to invest up to $1.6 billion to expand its power battery production line
CATL, China's largest automotive lithium-ion battery maker, plans to invest up to RMB 10.5 billion yuan ($1.6 billion) to expand its power battery production line in Jiangsu Province.
Geely, Volvo abandon full merger
Geely's announcement claimed a "merger" between the two, but the content of the announcement showed that Geely and Volvo have essentially abandoned the previously anticipated full merger proposal.
Geely says it won't rule out spin-off of its pure electric vehicle business
"Because of the vital importance of smart electric cars for Geely, we must be the industry leader. Geely also has some plans that will be released at an opportune time in the future," said Geely CEO.