New Energy Vehicles

The Latest

  • Expensive-To-Produce Fuel Cell Cars Lose Chinese Subsidy
    No More Subsidies For Fuel Cell Cars
    With the aim of 5,000 fuel cell vehicles by 2020, China still removed subsidies in producing expensive fuel cell vehicles.
  • SAIC Motor Begins Full Operations Of East China Manufacturing Plant
    SAIC Motor
    SAIC's new factory in Ningde city, its fourth-largest production plant in China, has started production and rolled out its first vehicle over the weekend.
  • China's Answer To Tesla Barely Surviving After Losing $5 Billion In Four Years
    CHINESE SUV
    Chinese electric vehicle firm Nio is expected to report a $368 million loss for its second quarter, bringing its total loss to $5.7 billion since it was founded in 2014.
  • Li Ka-Shing Files Bankruptcy Petition Against EV Firm FDG Electric Vehicles
    Li Ka-Shing NEV Investment
    Hong Kong billionaire Li Ka-Shing filed a bankruptcy petition against FDG Electric Vehicles after his $43.6 million investment lost more than 42 percent of its value.
  • China's NEV Industry Still Confident Of Growth Despite Sales Drop In August
    China NEV Market
    China's NEV sales for the month of August dropped by 15.8 percent, but overall sales for the first eight months of 2019 still remains positive with a 32 percent year-on-year increase.
  • Volkswagen Unveils New Logo To Symbolize Its Move To The Electric Era
    Volkswagen AG
    Volkswagen stated that its new logo and its new Volkswagen ID.3 electric vehicle mark the company's transition in the electric era.
  • Geely Makes $55 Million Bet On flying Taxi Business
    China Flying Taxi
    Geely Holding Group will be taking a 10 percent stake in German flying taxi firm Volocopter as part of its $55 million investment.
  • China Policymakers To Impose New Measures To Boost car sales
    China Auto Industry
    China's State Council has revealed a plethora of new measures that are aimed at boosting the country's car sales.
  • China's Nio To Cut Jobs As Vehicle Deliveries Tumble
    Nio Electric
    Chinese electric carmaker Nio Inc announced that it was going to be cutting 1,200 staff members by the end of September.
  • China's Evergrande Investing Billions To Become New Tesla Challenger
    China Evergrande
    China's third-largest developer has made substantial investments to establish itself as one of the world's largest new energy vehicle companies within three to five years.
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