Dongfeng Motor Group Company Limited, a HK-listed company engaged in auto-related businesses, said on Jul. 27 it intends to file for an initial public offering of RMB ordinary shares and go public on the Shenzhen Stock Exchang’s ChiNext Market.
Jul. 28 , 2020The Board of Evergrande Health Industry Group Limited proposes to change the name of the company to “China Evergrande New Energy Vehicle Group Limited”, as the NEV has become its most important business.
Jul. 27 , 2020The number of consumers in China buying the Mandatory Liability Insurance (MLI) for Tesla’s China-built Model 3s hit a new high of 14,977 units in June, jumping 31.82% over the previous month, according to the China Insurance Regulatory Commission.
Jul. 24 , 2020HOZON Auto, a Chinese EV startup operates a brand that is homonymous with the teen hero of Chinese mythology “Nezha”, has initiated its Series C funding round, and plans to go public on China's Nasdaq-style sci-tech innovation board.
Jul. 21 , 2020Xpeng Motors announced on July 20 the signing of its Series C+ financing of around US$500 million with a group of investors including Aspex, Coatue, Hillhouse and Sequoia Capital China.
Jul. 20 , 2020SAIC Motor signed on July 15 a framework agreement with China Baowu Group to carry out all-round cooperation on such areas as hydrogen utilization, integrated materials for automobiles, smart supply and industrial finance.
Jul. 16 , 2020










