BYTON announced on June 11 that its Nanjiang-based global headquarters started operation, together with the close of its RMB 500 million Series B funding, which included FAW Group, CATL and Tusholdings as investors.
Jun. 12 , 2018
China’s largest battery provider Contemporary Amperex Technology (CATL) made its debut in the ChiNext board in Shenzhen on June 11 with market shares soaring 44%, which is the maximum allowed for newly listed stocks on their first day of trade.
Jun. 11 , 2018
China posted a YoY surge of 142% and a MoM growth of 30% in new energy passenger vehicle sales to 92,188 units in May, according to the data released by the China Passenger Car Association (CPCA).
Jun. 11 , 2018
Oushang Auto, formerly called Changan Oushang, released its new strategy and deployment on June 4, saying that the auto brand will launch 10 to 12 new models from 2018 through 2021.
Jun. 5 , 2018
On June 1, SST Qianfeng announced that it has been approved by China Security Regulatory Commission to issue stock shares to acquire 100% stake of BAIC BJEV.
Jun. 4 , 2018
Sokon announced on May 31 that the company will transfer its 100% stake of both SF Motors and Chongqing Jinkang Power New Energy Co., Ltd. (Jinkang Power) to Chongqing Jinkang New Energy Vehicle Co., Ltd. ( Jinkang New Energy).
Jun. 1 , 2018