Chinese ride-hailing giant Didi Chuxing’s 137,500 shares are to be transferred through public market, according to a statement released on July 12 by Shanghai United Assets and Equity Exchange.
Jul. 25 , 2019
On July 24 Magna, BAIC Group and the Zhenjiang government celebrated the signing of a framework agreement governing their electric vehicle manufacturing joint venture in Zhenjiang, China, which marks another milestone of their continued cooperation.
Jul. 25 , 2019
SAIC Motor is ready to apply for public issuance of RMB20 billion worth of bonds by means of shelf offering and the plan has been approved by the company’s board of directors and supervisory board, the China’s biggest auto group announced on July 19.
Jul. 24 , 2019
Symphony Investment today signed a strategic agreement with Didi Chuxing (“DiDi”) to establish an innovative industry partnership across the MENA region and China.
Jul. 24 , 2019
BMW Brilliance Automotive Ltd (BBA) announced on July 22 it has achieved full 5G coverage at its Shenyang plants with a transmission speed of up to 1Gbps, the world’s first-of-its-kind 5G-based car production base.
Jul. 23 , 2019
Chinese state-owned automaker Beijing Automotive Group Co.,Ltd (BAIC Group) announced on July 23 it has plowed investment in Daimler AG, a Stuttgart-based auto company who owns Mercedes-Benz, to cement their long-term strategic cooperation.
Jul. 23 , 2019