On August 15, Chinese online video service provider LeTV claimed in a statement that it is unaware of Faraday Future (FF)’s long-term strategic planning and the NEV maker’s production and sales goal.
Aug. 15 , 2018
FAW Group Corporation (FAW Group) and China Southern Airlines signed a strategic agreement in Guangzhou on August 13 to jointly explore new business models in such areas as mobility and marketing.
Aug. 15 , 2018
HSBC Securities recently lowered the earnings per share forecast from year 2018-2020 of Great Wall Motor by 11-16%, as the firm’s weak sales in July made HSBC Securities not optimistic about the sales status in the second half of this year.
Aug. 15 , 2018
Caocao Zhuanche, a ride-hailing platform backed by Zhejiang Geely Holding Group, plans to raise up to RMB3 billion in a new round of financing, at a valuation of around $3 billion, according to people with direct knowledge of the plan.
Aug. 14 , 2018
Chinese hybrid power system supplier Hunan Corun New Energy Co., Ltd (Corun) announced on July 13 that the company plans to acquire a 36.97% stake in CHS Company, which is jointly held by Geely Holding and Shanghai Maple.
Aug. 14 , 2018
GAC Group announced that the 80th meeting of the group’s fourth board of directors examined and approved the proposal on HG model project under GAC Honda’s H brand on Aug. 10, agreeing GAC Honda to implement the HG model project under its H brand.
Aug. 14 , 2018