Geely Auto entered into a framework agreement with Geely Group Limited on Oct. 18 for the proposal to acquire from the latter 220 million shares of ZEEKR, which represented around 10% of ZEEKR’s shares issued as of the agreement signing date.
Oct. 19 , 2021
China’s cybersecurity service provider, 360 Security Technology Inc., released a notice stating the company’s plan to invest RMB2.9 billion ($451 million) in HOZON Auto, the Chinese startup owning the EV brand NETA.
Oct. 19 , 2021
HYCAN announced on October 18 its second mass-produced model, the Z03, formally hit the market with four trim levels offered. Post-subsidies prices range from 132,800 yuan ($22,670) to 168,800 yuan ($26,270).
Oct. 19 , 2021
Geely Holding has reached an agreement with Volvo Car Group for the subsidiary to fully take over the Luqiao manufacturing plant as its company assets.
Oct. 18 , 2021
Ford’s first batch of China-made Mustang Mach-Es rolled off the production line and was on track for delivery by the end of the year, the automaker announced today.
Oct. 18 , 2021
With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
Oct. 18 , 2021