Market & Industry
Geely Technology Group launches intelligent battery swapping stations in Jinan
Geely Technology Group launches intelligent battery swapping stations in Jinan

Geely Technology Group and Jinan municipal government entered into on October 18 an all-round strategic cooperation to jointly develop smart battery swapping service network.

Oct. 19 , 2020
Four major Japanese automakers all earn YoY sales growth for China market in Sept.
Four major Japanese automakers all earn YoY sales growth for China market in Sept.

In September, the traditional selling season in China for car shopping, four major Japanese automakers all gained sales growth compared to the same period a year ago.

Oct. 18 , 2020
Shouqi-backed car sharing platform GoFun bags over 100mln yuan in series B round
Shouqi-backed car sharing platform GoFun bags over 100mln yuan in series B round

GoFun, a car sharing platform endorsed by stated-owned Shouqi Group, has closed its series B financing with several hundred million yuan raised, according to a local media outlet.

Oct. 16 , 2020
Dongfeng's domestic listing application accepted by Shenzhen Stock Exchange
Dongfeng's domestic listing application accepted by Shenzhen Stock Exchange

Shenzhen Stock Exchange said on October 13 it has accepted the application submitted by Dongfeng Motor Group Company Limited (called “Dongfeng Motor” for short), for going public on the ChiNext stock market.

Oct. 15 , 2020
WM Motor kicks off pre-listing tutoring procedure
WM Motor kicks off pre-listing tutoring procedure

WM Smart Mobility Technology (Shanghai) Co., Ltd. (called “WM Mobility” for short), the parent of Chinese EV startup WM Motor, started its pre-listing tutoring procedure on September 30, a local media outlet reported on October 13.

Oct. 15 , 2020
Changan Auto expected to gain up to 3.8 billion yuan in Q1-Q3 net profit
Changan Auto expected to gain up to 3.8 billion yuan in Q1-Q3 net profit

Changan Auto said its net profit attributable to shareholders for the first three quarters was forecasted to reach 3.2 billion yuan to 3.8 billion yuan, shooting up 220.23% to 242.78% from the year-ago net loss of 2,661.51 million yuan.

Oct. 14 , 2020