Jinbei Auto announced, "Jinbei Auto has already completed the procedures of transferring all Jinbei Vehicle’s shares." This announcement drew a conclusion to Jinbei Auto's transferring plan.
Dec. 13 , 2017
On Dec. 12, Alibaba, China’s Internet giant finished the investment in Xpeng Motors, one of Chinese EV startups, taking up 10% stake of Xpeng Motors.
Dec. 13 , 2017
By the end of November, a total of three luxury car brands have delivered over 500,00 vehicles in China this year. BMW Group was the best seller in China in the past eleven months, with a cumulative sales volume of 542,362 units.
Dec. 13 , 2017
On Dec. 11, Chongqing Sokon Industry Group, parent company of SF Motors, released an announcement that its board of directors passed eight projects.
Dec. 12 , 2017
Currently, the products of Borgward Auto has covered compact SUV and middle-size SUV market with newly-launched BX5 and flagship model BX7, which was launched in 2016.
Dec. 12 , 2017
WM new model, named EX5, is a battery electric and intelligent SUV, with a starting price of about RMB 200,000 (about 30,226 dollars). The vehicle boasts a maximum range of 600 kilometers.
Dec. 11 , 2017