Category: Industry News

China offers incentives to boost old car replacements, analysts expect up to 2 million additional sales

China has issued policy details encouraging consumers to trade in old cars for new ones, starting to offer subsidies of up to RMB 10,000 ($1,380), effective by the end of the year.

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Nio’s semi-solid-state battery supplier WeLion and JAC unit to jointly make EVs with up to 1,000 km range

WeLion and JAC Yiwei will work together to develop a model powered by 4695 large cylindrical semi-solid battery cells with a range of 600 km to 1,000 km.

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