- Shenzhen Baoneng Motor’s first vehicle expected to roll off production line in fourth quarter
On May 30, Shenzhen Baoneng Motor Co.,Ltd. was inaugurated at Longhua District in Shenzhen, where Changan PSA Automobiles Co., Ltd. (CAPSA) was previously located, according to a posting on Baoneng Mo...
June 01 , 2020
- Shenzhen Baoneng Motor’s first vehicle expected to roll off production line in fourth quarter
- China’s Vehicle Inventory Alert Index in May down by 4.6 percentage points MoM
China’s Vehicle Inventory Alert Index (VIA) stood at 54.2% in May, which dropped 4.6 percentage points over a month ago, while edged up 0.4 percentage points over a year ago, according to the China ...
June 01 , 2020
- China’s Vehicle Inventory Alert Index in May down by 4.6 percentage points MoM
- Shaanxi to subsidize NEV shopping for car-free families
Shaanxi joins a string of Chinese local governments that roll out incentives to provide a lift on automobile sales.
May 29 , 2020
- Shaanxi to subsidize NEV shopping for car-free families
- Geely Auto seeks to raise money through placing of shares
Geely Auto announced on May 29 it has signed an agreement with placing agents, pursuant to which the latter agreed to make their best efforts to have placees procure 600,000,000 placing shares at the ...
May 29 , 2020
- Geely Auto seeks to raise money through placing of shares
- Volkswagen Group to buy 50% stake in JAC Motors’ parent company
Volkswagen Group agreed to purchase 50% stake in Anhui Jianghuai Automobile Group Holdings Limited, the company parent of Anhui Jianghuai Automobile Group Corp., Ltd. (JAC Motors).
May 29 , 2020
- Volkswagen Group to buy 50% stake in JAC Motors’ parent company
- Volkswagen Group China becomes largest shareholder of China’s No.3 battery maker
Volkswagen Group China is about to acquire a 26.47% stake in Gotion High-Tech, China’s No.3 battery maker, becoming the latter’s biggest shareholder, according to an announcement released by Gotio...
May 29 , 2020
- Volkswagen Group China becomes largest shareholder of China’s No.3 battery maker
- Why Tesla’s China car registrations tumble in April
In April, a total of 4,154 consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for the China-built Tesla Model 3 sedans, which represented a plung...
May 27 , 2020
- Why Tesla’s China car registrations tumble in April
- Geely, Daimler’s 50/50 ride-hailing joint venture sets up subsidiary in Xi’an
StarRides, a premium ride-hailing service provider between Daimler Mobility AG and Geely Technology Group, established on May 21 a wholly-owned subsidiary in Xi’an, the capital of Shaanxi Province, ...
May 27 , 2020
- Geely, Daimler’s 50/50 ride-hailing joint venture sets up subsidiary in Xi’an