Industry News
China's new energy vehicle sales expected to grow 40% to 1.8 million units next year
The subsidy policy for new energy vehicles in China will be completely withdrawn in 2-3 years.
Baidu jumps 5% pre-market after reports that it's considering building its own electric car
The report said Baidu has opened preliminary talks with Geely, Guangzhou Automobile Group and FAW Group's Hongqi, but no decision has been made.
Shanghai govt meeting adopts plan that will accelerate development of new energy vehicle industry
The Shanghai government held an executive meeting today to decide that it will accelerate the development of the local new energy vehicle industry.
NEV battery swap model expected to get unified standards, as Chinese cities push for use scenarios
"Charging is like using a landline phone, although it will still exist the use of scenarios will be reduced. And battery swap is like using a cell phone, more and more users will choose it in the future."
China's new energy vehicle market expected to grow at more than 30% next year
China's annual sales of new energy vehicles this year are expected to exceed 1.3 million units, an increase of nearly 8 percent.
China's November new energy vehicle sales double year-on-year
Compared with the same period of the previous year, pure electric vehicle car sales grew at a year-on-year rate of 136.8%, and plug-in hybrid vehicle sales grew at a rate of 137.6%.
Great Wall Motor to launch premium new energy vehicle brand, says 'should embrace trends'
Chinese carmaker Great Wall Motor is planning to launch a new premium smart electric car brand to compete with new Chinese car makers like Nio and Li Auto.
China eyes new measures to encourage consumption, including cars
Local governments will be encouraged to optimize auto purchase restriction measures, automakers will be encouraged to enter the rural market, and customers will be encouraged to do trade-ins.
Changan Nio in hiring spree as Changan advances high-end brand development
Changan Nio is hiring for a number of positions in Chongqing, Nanjing and Shanghai as it aggressively pursues the development of its premium brand.
Chinese company unveils concept electric motorcycle that can accelerate to 50 km/h in 2.9 seconds
It has an energy density of up to 285wh and an NEDC range of more than 130km.