Market & Industry
NIO delivered 3,533 vehicles in July 2020
NIO delivered 3,533 vehicles in July 2020

NIO delivered 3,533 vehicles in July 2020, representing a robust 322.1% growth year-over-year.

Aug. 3 , 2020
NEV industry marveled at Evergrande Group’s launch of six Hengchi-branded models
NEV industry marveled at Evergrande Group’s launch of six Hengchi-branded models

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
Germany-based Ibeo Automotive to supply Great Wall Motor with solid-state LiDAR
Germany-based Ibeo Automotive to supply Great Wall Motor with solid-state LiDAR

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
JAC Motors forecasted to suffer net loss of 146 million yuan in first half of 2020
JAC Motors forecasted to suffer net loss of 146 million yuan in first half of 2020

JAC Motors is forecasted to post a net loss attributable to shareholders of 146 million yuan ($20,866,378) for the first half of 2020, a nosedive from the net profit of 125,114,300 yuan ($17,881,386) gained in the year-ago period.

Jul. 31 , 2020
GAC Group, FCA sign MoU to improve joint venture’s operations
GAC Group, FCA sign MoU to improve joint venture’s operations

At this year’s Chengdu Motor Show, GAC Group and FCA Group, two parent companies of the joint venture GAC FCA, signed a memorandum of understanding (MoU) to step up their strategic cooperation in China and explore new collaboration opportunities.

Jul. 31 , 2020
China's Li Auto announces IPO price
China's Li Auto announces IPO price

The company can raise a total of US$1.47 billion.

Jul. 30 , 2020