Ideanomics Set To Benefit From Accelerated Chinese Government Initiative To Increase EV Adoption
The Chinese State Council issued a Three-Year Action Plan for the Battle of the Blue Sky accelerating the country’s Blue Sky Plan originally unveiled in 2018. The 2018 Blue Sky Plan’s centerpiece was the development of an ecofriendly transport system…
Xpeng Motor’s New P7 Smart Electric Vehicle, To Roll Out In China This Month
Xpeng Motors, a leading Chinese electric vehicle and technology company, announced today that its P7 smart electric sports sedan officially rolls out in China on April 27. The Xpeng P7 features the NVIDIA DRIVE™ AGX Xavier platform for its XPILOT3.0….
Tesla Shares Extend Rally After China Registration Surge And Nod From Goldman
Tesla’s stock extended its recent rally on Wednesday following a surge in China car registrations and after Goldman Sachs initiated coverage of the electric car maker with a “buy” recommendation. Shares of the Silicon Valley automaker rose nearly 2%, bringing their gain…
Geely-Kandi Affiliate Fengsheng Automotive Introduces Its First Pure Electric SUV Maple 30X
Kandi Technologies Group, Inc., today announced that Fengsheng Automotive Technology Group Co., Ltd. (the “Affiliate Company” or “Fengsheng”), introduced its first pure electric SUV, the Maple 30x. Available for immediate pre-order, the Maple 30x was revealed in an online brand…
Renault Sets New Strategy For China
Groupe Renault unveiled its new strategy for the Chinese Market, building on two of its key pillars: Electric Vehicles (EV) and Light Commercial Vehicles (LCV). Within this new strategy, Groupe Renault activities in China will be driven as follow: With…
Tesla Starts Sales Of Two New Model 3 Variants In China
US electric vehicle maker Tesla Inc. said on Friday it has started China sales of two more Model 3 variants built at its Shanghai plant, meaning all Model 3 sedans sold in the country are now locally made and not…
China’s EV Sales Show Signs Of Recovery From The Coronavirus Pandemic
Sales of new vehicles in China tumbled in February, which is hardly surprising since much of the country was in lockdown mode due to the coronavirus pandemic. People who are sequestered inside their homes aren’t making many major purchases, they…
Tesla Completes Blockchain Pilot To Speed Imports Process Into China
In an announcement, blockchain-based logistics provider CargoSmart revealed Tesla, the Shanghai International Port Group (SIPG) – the sole operator of the port – and Chinese cargo ship operator COSCO trialed a blockchain app that shortened the cargo release time and makes it…
Ideanomics’ MEG Division Deploys Pilot Program In Nanjing To Monetize Electric Vehicle Sales In China
Ideanomics Inc said in a press release that its electric vehicle division, Mobile Energy Global (MEG), has deployed a pilot platform in Nanjing to streamline energy sales, and it will serve “as a blueprint” for a broader rollout in the city as…
QCCIG And Seven Stars Investment Group To Raise Funds To Finance EV Sales in Qingdao and Shandong Province
The Qingdao City Construction Investment Group Limited (QCCIG) has entered into framework strategic cooperation agreement with Sun Seven Stars Investment Group Limited (SSSIG) to raise up to RMB 50 Billion (USD 7 Billion) fund to finance investment projects in Qingdao and Shandong…
