CAMS, Volkswagen Group's joint venture in China focusing on offering one-stop charging solutions, aims to have 17,000 charging points by the end of 2025, with its charging footprints covering most cities in China, the company said on July 11 at an online event.
General Motors has inked a Letter of Intent (LoI) with the government of Shanghai’s Pudong New Area for the automaker’s intended investment of $100 million to set up Premium Import business in the country.
Chinese electric vehicle startup Nio is to introduce three new EVs based on the Nio Technology Platform 2.0 this year, bringing the total number of its models to six, its founder and CEO William Li said on Thursday.
BEIJING -- Foreign auto companies have expressed optimism about the Chinese market and consider China to be among their most important overseas markets, Ministry of Commerce spokesperson Shu Jueting said on Thursday.
BEIJING - China is to take measures to bolster the new energy vehicle (NEV) industry, including extending the preferential policy for NEV purchase tax, the Ministry of Industry and Information Technology said Tuesday.
Beijing is moving toward green and low-carbon development of the energy sector, Lai Xianyu, deputy head of the Beijing Commission of Development and Reform, said during a news briefing held earlier this month.
China's new energy vehicle market reached a milestone with its volume totaling 10.33 million units, Luo Junjie, spokesman for the Ministry of Industry and Information Technology, said at a news conference on Tuesday.