EV
UPDATE-Magna sets e-powertrain joint venture with Huayu Automotive Systems
UPDATE-Magna sets e-powertrain joint venture with Huayu Automotive Systems

On October 18, Magna signed a joint-venture agreement with Huayu Automotive Systems Co., Ltd., (HASCO,600741.SH), a subsidiary of SAIC Motor.

Oct. 19 , 2017
EVE plans to establish high-performance lithium-manganese battery project in Jingmen
EVE plans to establish high-performance lithium-manganese battery project in Jingmen

EVE plans to establish high-performance lithium-manganese battery project in Jingmen with total investment of RMB 500 million

Oct. 19 , 2017
Magna sets e-powertrain joint venture with Huayu Automotive Systems
Magna sets e-powertrain joint venture with Huayu Automotive Systems

Magna signed a joint-venture agreement with Huayu Automotive Systems Co., Ltd., a subsidiary of SAIC Motor.

Oct. 18 , 2017
CAAM Experts clear rumor that China will ban sales on fuel-power vehicles
CAAM Experts clear rumor that China will ban sales on fuel-power vehicles

China has started to work on the timetable to ban sales on traditional fuel-power vehicles. But it’s still waiting to be researched whether the prohibition will be started and when or how to conduct it.

Oct. 16 , 2017
China September New Energy Passenger Vehicle Sales Surge 90% Year on Year to 58,217 Units
China September New Energy Passenger Vehicle Sales Surge 90% Year on Year to 58,217 Units

China new energy passenger vehicle sales reached 58,217 units in September, with a surge of 90 percent year on year and an increase of 10 percent month on month.

Oct. 16 , 2017
CNNC Hua Yuan Titanium Dioxide Co., Ltd plans to purchase 35% shares of Union Energy with RMB 35 million to enter into lithium battery area
CNNC Hua Yuan Titanium Dioxide Co., Ltd plans to purchase 35% shares of Union Energy with RMB 35 million to enter into lithium battery area

On Oct. 11, CNNC Hua Yuan Titanium Dioxide Co., Ltd signed an equity transfer agreement with Hui Jingyuan and other shareholders of Union Energy to purchase 35% shares with RMB 35 million.

Oct. 13 , 2017