Market & Industry
Ningbo Huaxiang Electronic participates in acquisition of Nissan Battery
Ningbo Huaxiang Electronic participates in acquisition of Nissan Battery

Recently, Ningbo Huaxiang Electronic Co. released an announcement, stating that it would cooperate with GSR Capital to achieve the expanded production of Nissan battery technologies in China.

Oct. 9 , 2017
Huayu Automotive System plans to acquire the other 50% equity of Shanghai Koito Automotive Lamp
Huayu Automotive System plans to acquire the other 50% equity of Shanghai Koito Automotive Lamp

On Sept. 28, Huayu Automotive System Co., Ltd. announced its acquirement of 50% equity of Shanghai Koito Automotive Lamp Co., Ltd.with RMB 1.716 billion.

Sep. 29 , 2017
Geely announces Proton’s new CEO, expecting to be NO. 1 in Malaysia
Geely announces Proton’s new CEO, expecting to be NO. 1 in Malaysia

DRB-Hicom and Zhejiang Geely Holding held a joint media conference to announce new executive team for Proton. 98 days after the two companies signed agreement, Geely completed the deal to buy a 49.9 percent stake of Proton.

Sep. 29 , 2017
Cost Survey for Electric Vehicles: Weak Profitability Relying on Subsidies
Cost Survey for Electric Vehicles: Weak Profitability Relying on Subsidies

New energy vehicles are still weak in profitability when compared with traditional vehicles. Relying heavily on governments’ subsidies, domestic new energy vehicles face declining sales volume this year when the preferential policy is cancelled.

Sep. 29 , 2017
CAAM vice president: the Implementation of Dual-Credit Policy should Break Local Protection
CAAM vice president: the Implementation of Dual-Credit Policy should Break Local Protection

All major auto companies and governments across the world are paying attention to the policy. The implementation of dual-credit policy should break local protection.

Sep. 29 , 2017
Zhou Bo serves as executive vice president of Changan Suzuki
Zhou Bo serves as executive vice president of Changan Suzuki

Changan Automobile announced that Zhou Bo,the company's President Assistant and Office Director would be transferred to Changan Suzuki as the Deputy General Manager

Sep. 29 , 2017