EV
Hong Kong-listed Dongfeng Group attempts to go public on ChiNext for developing new NEV brand
Hong Kong-listed Dongfeng Group attempts to go public on ChiNext for developing new NEV brand

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 , 2020
Evergrande Health intends to change name to China Evergrande New Energy Vehicle Group Limited
Evergrande Health intends to change name to China Evergrande New Energy Vehicle Group Limited

The 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 , 2020
China-built Tesla Model 3’s insurance registrations jump 31.82% MoM in June
China-built Tesla Model 3’s insurance registrations jump 31.82% MoM in June

The 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 , 2020
Chinese EV innovator HOZON Auto to be listed on STAR Market in 2021
Chinese EV innovator HOZON Auto to be listed on STAR Market in 2021

HOZON 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 , 2020
Xpeng Motors announces US$500mn Series C+ financing with  Aspex, Coatue, Hillhouse, Sequoia Capital China as investors
Xpeng Motors announces US$500mn Series C+ financing with Aspex, Coatue, Hillhouse, Sequoia Capital China as investors

Xpeng 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 , 2020
SAIC Motor, China Baowu to team up on hydrogen application, smart supply chain
SAIC Motor, China Baowu to team up on hydrogen application, smart supply chain

SAIC 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