China

BMW has signed battery-supply contract worth $1.16 billion with CATL

BMW has signed battery-supply contract worth $1.16 billion with CATL

According to a recent confirmation by German automaker BMW via Reuters, the company has signed a battery-supply contract with Chinese battery manufacturer CATL.

US President proposes 25% tariff on e-bikes from China

US President proposes 25% tariff on e-bikes from China

US President Donald Trump has proposed a new tariff plan which will result in a substantial increase in the cost of electric bicycles (e-bikes) from China.

Magna forms JV with BAIC subsidiary to build two new electric cars in China

Magna forms JV with BAIC subsidiary to build two new electric cars in China

Earlier this week, Canada-based car manufacturer Magna International announced that it is forming a joint venture with BAIC subsidiary Beijing Electric Vehicle Company for producing two new premium

Chinese electric-car startup Byton secures $500M in new funding round

Chinese electric-car startup Byton secures $500M in new funding round

In a Monday announcement, Chinese electric-car startup Byton has revealed that it has secured $500 million in a Series B funding round.

Forbes report: China registered highest EV sales in 2017

Forbes report: China registered highest EV sales in 2017

In a recently released report, Forbes has drawn attention to data which shows that the sales of electric vehicles (EVs) in China were the highest in the world during 2017.

BMW announces new expansion of China battery factory to support iX3 production

BMW announces new expansion of China battery factory to support iX3 production

In a move which will enable BMW to support the production of its new iX3 electric SUV, the German automaker has recently announced a new expansion of its battery factory in China.

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