On January 14, registered capital of Shenzhen DENZA New Energy Automotive Co.,Ltd, a joint venture between BYD and Daimler, was increased by RMB700 million to RMB5.76 billion, according to an update record from corporate data platform Tianyancha.
Jan. 16 , 2020
GAC Group said the report about its plan of seeking $1 billion for investment in NIO is untrue.
Jan. 16 , 2020
Volvo Cars and leading telecom provider China Unicom are joining forces on using 5G next generation mobile network technology for communication between cars and infrastructure in China.
Jan. 15 , 2020
SAIC Motor’s 2019 net profit attributable to shareholders of the public company is projected to reach roughly RMB25.6 billion, tumbling 28.9% compared with 2018, the automaker announced on January 13.
Jan. 14 , 2020
Among the top 10 PV models by Dec. wholesale volume, seven places were seized by cars. The other three were also regulars, including two SUVs—the Haval H6 and the Changan CS75, and one MPV, the sought-after Hongguang.
Jan. 14 , 2020
BYD named Kevin Wale, former president of General Motors (GM) China, as a senior adviser to the electric car maker’s chairman, it said on January 13.
Jan. 14 , 2020