China releases 40th list of exemptions for NEV purchase tax On March 8, 2021, the Ministry of Industry and Information Technology (MIIT) of China released the 40th list of exemptions for the NEV purchase tax on its website.The list added 25 pure electric passenger vehicle models (including the Model 3 of Tesla Inc., the Everus VE-1 of GAC Honda Automobile Co., Ltd., the Aion Y of Guangzhou Automobile Group Motor Co. Ltd., the Geometry A of Geely ...

News  Updated at: 2021/03/15

GAC Honda launches face-lifted pure-electric SUV Everus VE-1 On October 21, GAC Honda Automobile Co., Ltd. (GAC Honda) held an event in Shanghai for the launch of its face-lifted Everus VE-1. As the automaker’s first pure-electric SUV, the new vehicle is available in three versions and retails between CNY 159,800 and CNY 179,800 after subsidy. The vehicle is 4,308mm long, 1,824mm wide and 1,625mm high with a wheelbase of 2,610mm. Supported by...

News  Updated at: 2019/10/23

o go on sale in China at the end of April 2019.In 2018, Honda announced its mid-term vision for electrification in China, which is to “introduce more than 20 electrified models to the market by 2025.” Based on this vision, GAC Honda introduced an EV developed exclusively for the Chinese market, Everus VE-1, in 2018, and Honda also is planning to introduce plug-in hybrid models starting from 2020. Honda press release on April 16, 2019...

News  Updated at: 2019/04/17

Honda unveils Everus EV Concept at Beijing Motor Show On April 25, Honda announced that it exhibited the world premiere of the Everus EV Concept, the concept car of the China-exclusive electric vehicle (EV) model at Beijing Motor Show.The Everus EV Concept is a concept model for the first mass-production EV model Honda will introduce exclusively in China, which is currently being developed jointly by Honda Motor China Technology Co., Ltd. and GAC...

News  Updated at: 2018/04/25

t has established a wholly owned subsidiary, Guangqi Honda Automobile Sales Co., Ltd. The new company will serve as a sales and service company, while Guangqi Honda Automobile will focus on production. It is expected to improve the Group's operational efficiency and boost sales of Honda, Acura, and Everus brands in China. Guangqi Honda Automobile Sales, with a capital of CNY 200 million, is headquartered in Guangzhou, Guangdong Province. It is le...

News  Updated at: 2016/01/08

currently exceeds 90 percent, but this percentage includes a significant volume procured from Japanese suppliers' Chinese factories. Guangqi Honda Automobile Co., Ltd., one of the joint ventures, released the Crider, a China-only model in 2013. It also produces and sells the Li Nian (English name: Everus) under its own brand. Components made by Chinese local suppliers are expected to be used widely on these models. Honda will promote its local-s...

News  Updated at: 2015/04/16

South China Tire & Rubber to supply Wanli tires for the Guanzhou Honda Everus S1 South China Tire & Rubber Co., Ltd. will supply the Wanli 185/60R15 tires for the Guangzhou Honda Everus S1 powered by a 1.5-liter engine, starting in March 2012. The program will expand its sales to the automaker, to which it is already providing the Wanli 175/65R14 tires for the Everus S1. Guangzhou Honda has previously been producing the 185/60R15 tires from Miche...

News  Updated at: 2012/02/06

ployment of the luxury brand “Acura.” The automaker will also start local production of an electric vehicle in an attempt to expand sales focused on environmentally friendly and also luxury models. Furthermore, a second local brand of “Ciimo” will be launched following the first brand of “Everus.” The Ciimo was developed to cater to the needs in the local market by sharing the platform with the 8th generation Civic. Honda also plans t...

News  Updated at: 2011/12/14

Wanli tires featured on Guangqi Honda EVERUS S1 South China Tire & Rubber Co., Ltd. of Guangzhou is supplying its Wanli tires for the Guangqi Honda EVERUS S1, production of which began on March 26, 2011. This is the first time for South China Tire & Rubber to win a program from a Japanese automaker. (From a press release, March 28, 2011)...

News  Updated at: 2011/03/28