BYD's July New Energy Vehicle Sales Up $222% YoY
Chinese electric vehicle firm BYD disclosed its July production and sales report on August 3. The company produced 163,358 new energy vehicles in July, a year-on-year increase of 221.70%.
Tag: #New energy vehicle
Showing 12 of 140 posts with this tag
Evergrande New Energy Vehicle Group's Hengchi 5 Starts Pre-Sale
Evergrande New Energy Vehicle Group's first model, the Hengchi 5, is now available for pre-orders, the automobile arm of Chinese real estate developer Evergrande Group announced on July 6.
7/7/20223 min read
Hydrogen-Powered SAIC MAXUS Mifa Begins Delivery
The first batch of "Hydrogen Energy-Powered Passenger MPVs," composed of SAIC MAXUS Mifa car models, was unveiled on August 4.
8/5/20222 min read
NIO Invests $7.9 Million to Set Up Insurance Brokerage Company
According to Tianyancha APP, NIO Insurance Brokerage Co., Ltd. has been recently established with a registered capital of 50 million yuan ($7.9 million). The brokerage is 100% controlled by Chinese EV maker NIO.
1/24/20222 min read
NaaS Technology CEO Predicts Rapid Growth of China's Charging Pile Market
Wang Yang, the founder and CEO of NaaS Technology Inc., a charging services company, said that calculated on the basis of 80 million new energy vehicles in China by 2030, the growth will require at least 20 million public charging piles and 30 million private charging piles at that time.
7/27/20223 min read
China's Ministry of Finance Issues $6 Billion Advance Subsidy for New Energy Vehicles in 2022
Recently, China's Ministry of Finance issued a subsidy aimed at achieving energy conservation and emissions reduction goals in 2022.
11/29/20212 min read
SVOLT Establishes Shanghai R&D Center to Support Intelligent Manufacturing Development
SVOLT Energy Technology Co., Ltd. on Thursday signed a cooperation agreement with Shanghai Jiading District State-Owned Assets Management (Group) Co., Ltd., announcing the establishment of SVOLT Shanghai R&D Center.
1/7/20222 min read
WeRide and Hyundai Motor to Build Demonstration Zone for Driverless Hydrogen Cars
Chinese automated driving startup WeRide reached an agreement on October 25 with HTWO, a hydrogen fuel cell system brand under Hyundai Motor, and Guangzhou Hengyun Enterprises Holding to cooperate in the field of hydrogen-powered unmanned driving.
10/26/20222 min read
BYD Surpasses Tesla to Rank Top in Global EV Sales in H1
Chinese EV maker BYD sold 641,400 new energy vehicles in the first half of 2022, up 315% year-on-year. BYD continues to maintain its leading position in the domestic EV market, and has surpassed Tesla to become the leading EV company by sales.
Meituan CEO Wang Xing and Li Auto Senior Executive Sell Shares, Ignites Discussion
On September 13, the topic of "Li Auto's President cashed out over 90 million yuan ($12.9 million)" aroused a firestorm of debate in China.
9/15/20223 min read
NIO Plans to Launch New Brand Targeting Lower-End Market
In addition to its NIO and ALPS brands, Chinese electric vehicle maker NIO is reportedly planning to launch a third automobile brand to cover the market below 200,000 yuan ($29,620).
8/1/20223 min read
Ministry of Industry and Information Technology: Tesla Received $329 Million in Subsidies in China Last Year
Tesla received state subsidies for 101,082 vehicles sold in the country in 2020, for a combined total of 2.12 billion yuan ($329 million), according to data released Monday by China's Ministry of Industry and Information Technology (MIIT).