Chinese hybrid power system supplier Hunan Corun New Energy Co.,Ltd (Corun)’s plan to acquire 36.97% stake in ChinaHybrid System Co., Ltd (CHS Company) has been conditionally approved by the China Securities Regulatory Commission (CSRC).
Jan. 24 , 2019
Jiangling Motors Co., Ltd. (JMC) may see its net profits attributable to shareholders of the listed company in 2018 plunge 87% year on year to RMB91.83 million and the basic earnings per share was RMB 0.11, RMB0.69 less than a year ago.
Jan. 23 , 2019
Lynk & Co, a Chinese-Swedish automotive brand owned by Zhejiang Geely Holding Group, will launch the Lynk & Co 04 and 05 in 2019, said An Conghui, President and CEO of Geely Auto Group.
Jan. 23 , 2019
The third model of Chinese EV startup NIO will be a sedan model dubbed “EP7”, according to local media. The new model is likely to be launched at the NIO Day 2019.
Jan. 21 , 2019
By compiling the sales data and sales goal announced by 28 mainstream China-based automakers, Gasgoo finds out that companies failing to complete their targets comprise the majority. Some of them even didn’t realize 50% of goals.
Jan. 18 , 2019
Chinese carmaker Cowin Auto recently revealed part of its product planning for 2019 and reportedly aims to increase the yearly sales by around 48% to 61,700 vehicles this year, according to local media.
Jan. 18 , 2019