Market & Industry
Tesla to hold job fair for Shanghai Gigafactory on May 29
Tesla to hold job fair for Shanghai Gigafactory on May 29

The U.S.-based EV startup Tesla is ready to hold a job fair on May 29 to recruit staff for its Gigafactory 3 in Shanghai, according to an official WeChat account Tesla especially created for recruitment.

May 23 , 2019
JAC Motors, CMC to acquire 51% stake in Kazakhstan-based AllurGroup
JAC Motors, CMC to acquire 51% stake in Kazakhstan-based AllurGroup

JAC Motors and China National Machinery IMP. & EXP. CORP (CMC) struck a deal on May 21 to acquire a total of 51% stake in AllurGroup, the biggest automobile group in Kazakhstan.

May 23 , 2019
Didi launches intercity carpooling service in Chengdu
Didi launches intercity carpooling service in Chengdu

China’s ride-hailing giant Didi Chuxing has launched an intercity car-pooling service in Chengdu, the capital of China’s Sichuan Province, running along two routes between Jintang County and Pidu District.

May 23 , 2019
Hongqi’s all-new H7 said to be mass produced in May 2020
Hongqi’s all-new H7 said to be mass produced in May 2020

Hongqi, a premium car brand owned by China’s state-owned FAW Group, will put its all-new H7 sedan into volume production in May next year, according to local media outlets.

May 21 , 2019
Volkswagen sets up new energy tech JV in China with FAW Group, JAC Motors
Volkswagen sets up new energy tech JV in China with FAW Group, JAC Motors

Volkswagen (China) Investment Company Limited on May 16 jointly founded a new energy technology subsidiary in China with Jiangsu Wanbang Dehe New Energy Technology Co.,Ltd, a 99.62%-owned subsidiary of FAW Group and JAC Motors, according to qichacha.

May 21 , 2019
GAC NIO unveils new NEV offshoot dubbed HYCAN on May 20
GAC NIO unveils new NEV offshoot dubbed HYCAN on May 20

On May 20, GAC NIO New Energy Automotive Co.,Ltd (GAC NIO) launched an all-new car brand dubbed HYCAN in Hangzhou, the capital of China’s Zhejiang Province, according to the automaker.

May 20 , 2019