BAIC BluePark intends to raise not more than 5.5 billion yuan ($787,841,450) through a non-public issuance of stocks, some of which are set to be poured in the development of ARCFOX-branded premium vehicle models and relevant network construction.
Aug. 5 , 2020
SAIC Maxus Automotive Co., Ltd., an exclusively-invested subsidiary of SAIC Motor, said it sold a total of 11,511 new vehicles in July, which jumped 26.4% from a year earlier.
Aug. 5 , 2020
Chery Holding obtained a year-on-year sales increase of 14.2% in July by selling 55,922 new vehicles. Notably, its domestic, export and NEV businesses all posted rising performance with their growth standing at 10.37%, 39.7% and 9.8% respectively.
Aug. 5 , 2020
NIO delivered 3,533 vehicles in July 2020, representing a robust 322.1% growth year-over-year.
Aug. 3 , 2020
Evergrande Health, the Hong Kong-listed subsidiary of Chinese conglomerate China Evergrande Group, said on August 3 it has launched six first-phase Hengchi-branded models, which are named based on a numerical sequence from “1” to “6”.
Aug. 3 , 2020
On July 30, Germany-based technology company Ibeo Automotive Systems GmbH (Ibeo Automotive) announced that it will supply solid-state LiDAR to Great Wall Motor.
Aug. 3 , 2020