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China

XPENG And The Volkswagen Group Announce Entry into the Framework Agreement on E/E Architecture Technical Collaboration

XPeng Inc. (“XPENG”, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle company, and the Volkswagen Group, one of the world’s leading automobile manufacturers, are pleased to announce today that XPENG and the Volkswagen Group have entered into…

UK’s Octopus to Lease out China’s Omoda EVs, Offer Charging Services

Britain’s Octopus Energy will lease out electric vehicles from Chinese automaker Chery’s Omoda brand and offer low-cost charging rates and charger installation, among other services, the two companies said on Tuesday. Octopus already leases out more than 15,000 EVs via…

Phoenix Motor Appoints Dr. Lewis Liu as Chief Operating Officer

Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the appointment of Dr. Lewis Liu as its new Chief Operating Officer (COO), effective immediately. Prior to his new role,…

LOBO EV to Showcase Solar-Powered EVs at 135th Canton Fair

LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative electric vehicle manufacturer and seller, today announced its subsidiary, Tianjin Bibosch Intelligent Technology Co., Ltd., will participate in the 135th China Import and Export Fair (“Canton Fair”), slated…

Janet Yellen Voices Concern About EV Overproduction to China’s Vice Premier

U.S. Treasury Secretary Janet Yellen told China’s Vice Premier He Lifeng on Friday that the two countries should closely communicate on industrial overcapacity and economic actions related to national security as among issues of concern. Yellen’s remark at the opening…

BYD Plans to Launch First Electrified Pickup Truck This Year

CHINESE electric vehicle (EV) juggernaut BYD plans to launch its first electrified pickup truck for the global market later this year, throwing down the gauntlet to Toyota Motor’s popular HiLux, Ford Motor’s Ranger and Isuzu Motors’s D-Max. Photos released by…

LOBO EV Forges Strategic Collaboration With CSM2017 to Expand E-Bicycle Business in Serbia

LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative electric vehicle manufacturer and seller, today announced its new strategic collaboration with Serbian distributor CSM2017 Doo (“CSM2017”), marking a milestone in its expansion into the burgeoning electric vehicle…

China Vows to Pull Out All the Stops for EV Supply Chain Buildup

The Chinese government plans to tap all the policy resources available to create a made-in-China electric vehicle supply chain, pressing three state-owned automakers to spend more on R&D. Business executives and senior government officials involved in EV policy announced plans…

China’s SAIC Aims to Slash Jobs at GM, VW Ventures and EV unit, Sources Say

CHINA’S SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors and Volkswagen and at an electric-car unit, two people with knowledge of the matter told Reuters. The state-owned automaker hopes to cut…

A Quarter Of EVs Sold In Europe This Year Will Be Made In China, NGO Predicts

In Europe, electric vehicles made in China are common, even though it might not seem like it at first. Last year, out of the roughly 300,000 EVs sold in the European Union, 19.5% were made in China, and that number…