EV
False emission report on Chengdu motor vehicles will face maximum penalty of RMB 500,000
False emission report on Chengdu motor vehicles will face maximum penalty of RMB 500,000

Reporters learn from the press conference held by Chengdu Environmental Protection Bureau on October 27th that anyone issuing or using false emission results will face a maximum penalty of RMB 500,000.

Nov. 1 , 2017
Jia Yueting denies FF bankruptcy while private funds suffer a lot in investing LeSee
Jia Yueting denies FF bankruptcy while private funds suffer a lot in investing LeSee

it’s reported that Jia Yueting intends to submit for FF bankruptcy and then sell it to other investors in America, but Faraday Future denies the report.

Nov. 1 , 2017
Changan plans to gain CATL’s equity indirectly by acquisition
Changan plans to gain CATL’s equity indirectly by acquisition

On Oct. 31, Changan Automobile announced that it plans to invest CATL by purchasing the fund shares of Zhenjiang Demao Hairun Equity Investment Fund Partnership.

Nov. 1 , 2017
CRRC transfers 51% share of CRRC TEV with RMB 926 million
CRRC transfers 51% share of CRRC TEV with RMB 926 million

On Oct. 27, CRRC released a statement, saying that its wholly owned subsidiary, CRRC Zhuzhou Institute planned to transfer 51% share of CRRC TEV to CRRC's holding company by agreement with RMB 926.4002 million.

Oct. 31 , 2017
JMC NEV new base begins construction with a total investment of RMB 12 billion
JMC NEV new base begins construction with a total investment of RMB 12 billion

JMCG NEV new base and engineering research institute are important parts in JMCG’s layout for NEV R&D, manufacturing, sales and intelligent transportation.

Oct. 30 , 2017
Commerce Department confirms Tesla’s discussion with Shanghai government
Commerce Department confirms Tesla’s discussion with Shanghai government

On October 26th, the spokesman of the Commerce Department confirmed that America electric-car maker Tesla Inc. has been in talk with relevant departments of Shanghai government.

Oct. 27 , 2017