Li Xiang, the founder and CEO of Li Auto, will no longer serve as independent director of China’s leading navigation company NavInfo, replaced by Wang Xiaochaun, the founder of named search engine Sogou, according to corporate database, Qichacha.
Dec. 15 , 2021FAW Hongqi’s first MPV model has started cold region test and calibration and is said to start mass production and delivery in 2022, according to a local media outlet. The new model’s photos were leaked online.
Dec. 15 , 2021Gotion High-Tech announced on Monday will make a non-public issuance of 384,163,346 shares to Volkswagen (China) Investment Co.,Ltd.
Dec. 15 , 2021XPeng Inc. officially apologized on Tuesday for its Shanghai sales shop’s illegal collection of human face photos which raise the public's concerns about personal data security.
Dec. 14 , 2021In the past few months, founder and CEO of Xiaomi, Lei Jun, resigned as the executive director from several Xiaomi-related companies to dedicate his attention to his automaking endeavor, according to the PR manager of Xiaomi, Wang Hua.
Dec. 14 , 2021China’s major automaker JAC Motors announced that it had completed a private offering with RMB2 billion raised.
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