Evergrande Health, the Hong Kong-listed electric car arm of Chinese real estate titan Evergrande Group, has officially changed its name to China Evergrande New Energy Vehicle Group Limited from Evergrande Health Industry Group Limited.
Aug. 27 , 2020
NIO Inc., the first Chinese EV startup that goes public on the New York Stock Exchange, saw its shares were up 19.17% closing at $17.84 on August 25 and its market value hit $21.131 billion, for the first time exceeding $20 billion.
Aug. 26 , 2020
Dongfeng Motor Group Company Limited expects to record a roughly 60% year-on-year plunge in net profit for the first half of 2020.
Aug. 26 , 2020
Guangzhou is ambitious to see its automobile capacity surpass 5 million units in 2025, according to a document approved by Guangzhou municipal government on August 24 at a press conference.
Aug. 24 , 2020
GAC Group strives to achieve the pilot operation of level 4 autonomous cars in designated regions in 2023, Feng Xingya, president of GAC Group, revealed at the Global Intelligent Vehicle Summit (GIV2020).
Aug. 24 , 2020
FAW Hongqi’s H9 full-sized luxury sedan officially hit the market on August 23. With five trim levels offered at one go, the new car model is sold at a price range of 309,800 yuan ($44,772) to 539,800 yuan ($78,011).
Aug. 24 , 2020