Market & Industry
Xpeng Motors ambitious to raise over $1 billion in 2018
Xpeng Motors ambitious to raise over $1 billion in 2018

He Xiaopeng, Chairman of Chinese electric vehicle startup Xpeng Motors, revealed in an interview that the automaker strives to raise capital exceeding $1 billion this year.

Feb. 5 , 2018
Lynk & Co 03 spied with 1.5T engine
Lynk & Co 03 spied with 1.5T engine

The Lynk & Co 03 was spied on a road test recently. According to the spied shots, the new model looks dynamic, sporty and unmistakable with a cocked spoiler, one exhaust pipe on both sides and special-designed tail lights.

Feb. 5 , 2018
Dongfeng releases plan for overseas business
Dongfeng releases plan for overseas business

Dongfeng Motor Corporation released a plan for its overseas business at a press conference, saying that it will deliver 150,000 vehicle in foreign countries and expand its presence in the mainstream vehicle markets in Europe and America by 2020.

Feb. 5 , 2018
Geely said to finish acquiring Daimler shares soon
Geely said to finish acquiring Daimler shares soon

Geely has almost finished acquiring certain shares of Daimler Group at present and the deal is expected to be closed after the Spring Festival.

Feb. 5 , 2018
Li Shufu: Geely invests over £4 million in UK EV business
Li Shufu: Geely invests over £4 million in UK EV business

Li Shufu, the chairman of Zhejiang Geely Holding Group Co.,Ltd (Geely), revealed at China-UK Business Forum today that Geely's electric vehicles produced in London are expected to be marketed in U.S..

Feb. 2 , 2018
GAC Trumpchi January sales top 60,000 units, surging 30% year on year
GAC Trumpchi January sales top 60,000 units, surging 30% year on year

GAC Trumpchi posted a substantial year-on-year sales growth of 30% to over 60,000 units in January 2018, according to the automaker's sales figure. This is also the best year-on-year sales record since the marque came to market.

Feb. 2 , 2018