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Xpeng welcomes chairman of JP Morgan Asia Pacific investment banking
Xpeng welcomes chairman of JP Morgan Asia Pacific investment banking

Brian Gu (Hongdi Gu), chairman of Asia Pacific investment banking of JP Morgan, will officially join Xpeng as vice chairman and president, reporting directly to He Xiaopeng, founder and chairman of Xpeng.

Mar. 2 , 2018
Ganfeng Lithium sees net profit surge of 213.95% year on year in 2017
Ganfeng Lithium sees net profit surge of 213.95% year on year in 2017

Ganfeng Lithium posted its 2017 revenue of RMB 4.38 billion with a YoY surge of 54.12%. What’s worth mentioning, its operating profit reached RMB 1.74 billion, soaring 205.77% on an annual basis.

Mar. 1 , 2018
Zotye Ford expected to gain regulatory approval in second half this year
Zotye Ford expected to gain regulatory approval in second half this year

The establishment work of the joint venture Zotye Ford has been going well, and the program is expected to receive regulatory approval in the second half of this year

Mar. 1 , 2018
EVE Energy earns net profit of over RMB 400 million in 2017
EVE Energy earns net profit of over RMB 400 million in 2017

EVE Energy achieved a revenue growth of 27.46% year on year to RMB 2.982 billion in 2017, according to EVE’s 2017 financial report released on Feb. 27.

Feb. 28 , 2018
BAIC BJEV sets up new company to expand production of electric powertrains
BAIC BJEV sets up new company to expand production of electric powertrains

BIAC BJEV plans to establish a subsidiary dubbed Blue Valley Power Company at its existing production base in Caiyu, Beijing, according to Beijing Municipal Environmental Protection Bureau.

Feb. 28 , 2018
Nio reported to hire banks for IPO in U.S.
Nio reported to hire banks for IPO in U.S.

Nio, a Chinese electric vehicle startup, has hired eight banks to work on its initial public offering in the United States this year as planned.

Feb. 28 , 2018