How is the NEV Industry in China now?
In domestic market, being the world’s largest market for NEV, the government decided to extend the NEV subsidies policy. This support really helps the local Automotive OEMs suppliers, especially for the NEV sector, to bottomed out and rise when the epidemic got controlled.
Taking example from one of the leading OEMs suppliers focusing on NEV in China, NIO, they delivered 3,155 vehicles in April 2020, representing a strong consecutive growth of 105.8% month over month and a 180.7% growth year over year.
BASSETTI Focusing on Smart Cars and New Energy Vehicles in China
Bassetti is focusing on smart cars and new energy vehicles in Chinese market. We help automotive companies by searching and providing qualified engineers for their R&D activities in China.
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