EV Industry

The extra quota for new small cars in Guangzhou will increase from 30,000 to 80,000, and Shenzhen will remove the requirement that consumers who buy NEVs pay social security locally.

The Hengchi 5 has appeared in the regulator's latest catalog, signaling that the model may soon be available to consumers.

Wholesale sales of passenger NEVs in China from January to October were 2,381,000 units, up 204.3 percent year-on-year.

BYD sold more units in October than all 10 of China's leading new carmakers combined, but its profit performance was less than stellar.

This article explains why Mercedes-Benz, BMW, and Audi have suffered a spectacular defeat in China's EV market.

Xi'an aims to become a top-tier NEV base in China by 2025.

JPMorgan is bullish on the prospects for China's NEV industry, which coincides with the optimism of Chinese investors, one executive said.

As Nio's William Li puts it, once users embrace electric vehicles, they will become widespread very quickly.

The store is set up in Hefei and covers an area of nearly 100,000 square meters, four times the size of Uxin's first offline superstore.

Uxin, whose main business is online used car trading, has decided to develop both its online and offline businesses and is bringing back several veteran former employees.