For the first half of 2020, Changan’s net profit attributable to shareholders amounted to 2.602 billion yuan ($379,928,213), recording an impressive surge from the year-ago loss of 2.24 billion yuan ($327,056,065).
Sep. 1 , 2020In this new position, he will mainly be in charge of the development and implementation of HRC’s global strategy for business growth, also the discovery of new business opportunities.
Sep. 1 , 2020NIO Inc., a pioneer in China’s premium smart electric vehicle market, today announced the pricing of the offering of 88,500,000 American depositary shares.
Aug. 31 , 2020In July, automakers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for roughly 90,403 new energy vehicles (NEVs), representing a robust surge of 166.53% from a year ago.
Aug. 31 , 2020For the first half of 2020, SAIC Motor’s gross revenue fall 24.6% over a year ago to 283.74 billion yuan ($41,253,921,557), and its net profit attributable to shareholders tumbled 39.01% to 8.394 billion yuan ($1,220,469,194).
Aug. 28 , 2020Chinese EV startup NIO announced on August 27 the outset of the offering of 75 million American depositary shares (the “ADSs”), each representing one Class A ordinary share of the company.
Aug. 28 , 2020










