EV Industry
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China's biggest property developer says its new energy vehicles will be mass-produced in H2 next year
The first six Hengchi-branded vehicles will start trial production in the first half of next year and will be mass-produced in the second half, China Evergrande NewEnergy Vehicle Group president Liu Yongjue said.
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Chinese version of Rolls-Royce Hongqi H9 launched, priced from about $44,782
The much-anticipated Hongqi H9 sedan went on sale today, including five models priced between RMB 309,800 ($44,782) and 539,800 yuan.
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Electric car catches fire while waiting at a traffic light in Shenzhen
On August 12, a white pure electric car, waiting for a traffic light at an intersection in Shenzhen suddenly caught fire, with the entire vehicle was engulfed in flames, according to kkj.cn.
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China's July sales of new energy vehicles up 19.3 percent year-on-year
China's passenger car sales in July rose 8.5% year-on-year, while sales of new energy vehicles rose 19.3%, according to the China Association of Automobile Manufacturers.
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Here's how China's largest real estate developer makes cars
After releasing six new energy vehicles, China Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, revealed the inside of its two fully automated plants in Shanghai and Guangzhou for the first time.
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Driverless technology expected to save Didi 100 billion yuan a year in driver costs
5G will bring important changes to travel, and Didi Chuxing could save more than 100 billion yuan a year with automated driving, according to Yang Minghui, President of CITIC Securities, China’s biggest broker.
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China's biggest property developer launches six cars
China Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, today unveiled its first batch of six vehicles in Shanghai and Guangzhou at the same time.
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China's biggest property developer is getting serious about making new energy cars
Evergrande Health announced today that it intends to change the company's name to "China Evergrande NewEnergy Vehicle Group Limited" in light of the fact that new energy vehicles have become the group's most important business.
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Nio's local rival WM Motor is said to consider Shanghai IPO
Chinese EV maker WM Motor is considering an IPO at Shagnhai's Star Market as soon as this year, aiming for a post-IPO valuation of more than $4.3 billion, according to Bloomberg.
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China has 558,000 public charging stations, most in the world
By the end of June 2020, China had a total of 558,000 public charging stations, ranking first in the world, according to data released today by the National Energy Administration.
