New Energy Vehicles

The Latest

  • BMW Inks Deal With China's State Grid To Expand Charging Network
    BMW China
    BMW has formed a partnership with State Grid Corporation Of China subsidiary, State Grid EV Service, to help it expand its Chinese charging station network.
  • Volkswagen Injects $2.2 Billion Into Chinese Joint Ventures
    Volkswagen China
    Volkswagen will use the funds to increase its stake in its JAC Volkwagen joint venture from 50 percent to 75 percent, while also purchasing a 50 percent stake in state-owned company JAG.
  • Xpeng Motors Greenlit To Independently Assemble Electric Vehicles
    Xpeng Motors
    Xpeng was granted by the Ministry of Industry and Information Technology a license to independently produce its electric vehicles, including its new fully-electric sports car, the Xpeng P7.
  • Chinese EV Firm NIO Secures $1 Billion Lifeline As Part Of Deal
    NIO China
    NIO secured the funds from three strategic investors, which required NIO to agree to certain terms, including the establishment of a new company called NIO China.
  • FAW-Volkswagen Launches Its First Plug-In Hybrid SUV
    FAW-Volkswagen
    The Tayron GTE is the plug-in hybrid version of FAW-Volkswagen's popular SUV model and is equipped with an 85-kilowatt electric motor and a 1.4-liter EA211 turbocharged gasoline engine.
  • Chinese Electric Startup Byton Cuts US Workforce
    Byton North America
    Byton had furloughed more than 200 workers at its North American headquarters in Santa Clara, California.
  • Chinese EV Firm BYD Reports 42 Percent Decline In 2019 Profits
    BYD
    BYD attributed the decline in its profits last year to the cutting of government subsidies for new energy vehicles.
  • China State Grid To Build 78,000 New EV Charging Stations
    China New Energy Vehicles
    China State Grid's $383 million project is part of China's ambitious plan to have at least 200,000 new charging stations within the year.
  • Tesla Sets New Monthly Sales Record In China Despite Industry Slump
    Tesla China
    Tesla managed to sell a total of 10,160 electric vehicles in China last month, a big jump from the 3,900 units it sold in February.
  • Evergrande Group's EV Subsidiary Confident In Becoming Segment Leader
    China Evergrande
    Evergrande Group's new energy vehicle subsidiary, Evergrande Health, is confident that it will become Tesla's main challenger in China once its products hit the market.
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