BYD and Hino to partner for developing electric commercial vehicles

Hino Motors

Electric automaker BYD stated on Thursday it has partnered with Toyota-owned truck maker Hino Motors for developing electric commercial vehicles, as BYD deepens electric collaboration with Toyota. The partnership will look forward to collaboration into electric buses and trucks, in addition to BYD and Toyota’s joint development on electric passenger cars. Shenzhen-based BYD, backed by […]

Chinese electric automakers hit by new threat of subsidy cuts

Shares of Chinese electric-car makers dropped following a Bloomberg News report that stated regulators may slash subsidies further on the embattled industry. BYD Co., China’s biggest company of new energy vehicles, dropped 2.8% in Hong Kong. BAIC BluePark New Energy Technology, the country’s biggest company of pure electric cars, retreated 2.9% in Shanghai, while Contemporary Amperex Technology, […]

China green vehicle subsidy authorizations slow following scandal

China green vehicles

China on Wednesday issued its 2nd list for 2017 of green energy vehicles qualified for subsidies, with the number of approvals slowing amid more stringent oversight following a cheating scandal. The newest list from the Ministry of Industry and Information Technology takes the overall number of battery electric and hybrid vehicles qualified for subsidies this […]