China will terminate the subsidy program for new energy vehicles(NEV), including EVs, on the first day of 2023. Car companies are taking the final opportunity to boost sales. Industry...
China's top-3 power battery makers Contemporary Amperex Technology (CATL), Ganfeng Lithium Group and EVE Energy have been aggressively proceeding with capacity expansions, with their...
Li Auto broke ground recently on its power semiconductor R&D and production base in Suzhou, China, a milestone for the electric vehicle (EV) maker. The move is a strategic one,...
China has decided to extend the new energy vehicle (NEV) purchase tax exemption to the end of 2023 after expressing the intention to do so three weeks ago. Since another existing...
China advances its leading position in the global New Energy Vehicle (NEV) market as the pandemic and the Russia-Ukraine war impact Europe. According to data from the China Passenger...
Actron Technology founder Ming-Kuang Lu was reported to quit chairmanship at the automotive diode maker, arousing curiosity among readers about what drove his intention. Soon after...
As part of its efforts to pursue net-zero carbon emissions, China has activated a new round of subsidy program to stimulate purchases of new energy vehicles (NEVs) in rural areas,...
China-based glass cover maker Lens Technology, a supplier of Apple, has formed strategic partnerships with more than 20 automakers around the world, as it looks to diversify its business...
Metal chassis makers Catcher Technology, Ju Teng International and Waffer Technology are all eyeing orders for new energy vehicles as NEV demand is poised to grow in China, according...
Automotive diode vendor Actron Technology has set a five-year business development roadmap, aiming to have its shipments for NEV (new energy vehicle) applications catch up with those...
China-based automakers are striving for government subsidies for new energy vehicles (NEVs) as the subsidy program is drawing to an end this year, according to industry sources.
China's new energy vehicle (NEV) penetration rate reached 13.4% at the end of 2021, and the number will likely surpass 15% this year, according to industry sources.
Taiwan-based car dealer China Motor (CMC) is ramping up efforts to develop new energy vehicles (NEVs) this year, while evaluating whether to partner with other electric vehicle (EV)...
China recently announced it will cut new energy vehicle (NEV) subsidies. Subsidies will be reduced by 30% in 2022 compared to 2021 and will be completely cut at the end of the year,...
California-based Seres, a subsidiary of Chongqing Sokon Industrial Group, revealed that deliveries of the AITO Wenjie M5 mass-produced electric vehicle (EV), jointly developed by...