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CATL: China’s latest unicorn and a battery powerhouse

SHENZHEN – Chinese power battery supplier CATL, or Contemporary Amperex Technology Co., Ltd., debuted on Shenzhen’s ChiNext start-up board (stock number 300750) on June 11. The event was accompanied by tremendous fanfare as anticipated from buyers and media alike. Within half an hour of the market opening that morning, the

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It’s coming! Four driverless buses begin test operation in Shenzhen

SHENZHEN – Four buses carrying Alphaba Intelligent Driving Bus System started test operation inside the Futian Free Trade Zone (FFTZ) in Shenzhen on December 2, garnering great media frenzy as it was the first time that driverless buses were put into test operation on open roads. The four buses, which

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DS brand to establish China and Asia Pacific HQ in Shenzhen as Chang’an and PSA deepen cooperation

SHENZHEN – French carmaker Groupe PSA’s DS premium brand will set up its China and Asia Pacific headquarters in Shenzhen, Guangdong Province, following the signing of an in-depth strategic cooperation agreement between Chang’an Automobile Co., Ltd. and PSA here on June 7 to further deepen cooperation. The brand, which is

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New local policies on car hailing service to impact the industry

Beijing, Shanghai, Guangzhou and Shenzhen, the four key tier-1 cities, released their draft regulations on online car hailing service on October 8. Another shoe finally fell on the ground, some say, the first being the policy released by several ministries on July 28 to legalize the industry. In the guidance

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CBU-Analytics: NEV end-user sales reach 41,736 in Shanghai in 2015

BEIJING –NEV end-user sales in Shanghai reached 41,736 units in the year of 2015, the most among all Chinese cities, according to CBU-Analytics. Top 10 cities in NEV end-user sales in 2015 were Shanghai, Beijing, Shenzhen, Changsha, Hunan Province, Hangzhou, Zhejiang Province, Qingdao, Shandong Province, Guangzhou, Linyi, Shandong Province, Tianjin

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Shenzhen ranks first in new energy public transport bus promotio

SHENZHEN – Shenzhen has accumulatively promoted 3,850 new energy vehicles (NEVs) including 3,050 new energy public transport buses, ranking first in new energy public bus promotion around the world, according to the Transport Commission of Shenzhen Municipality, reported chinanev.net. Shenzhen is the pilot city of low-carbon emission, one of 13

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Chang’an Auto to launch 34 NEV models in 10 years

CHONGQING – Chang’an Auto plans to invest ¥18 billion ($3 billion) in new energy vehicle development and launch 27 pure electric vehicles and seven plug-in hybrid vehicles in the upcoming 10 years, said Zhu Huarong, president of Chang’an Auto, at the company’s new energy vehicle strategy release conference held on

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