BYD Automotive Industry Co., Ltd. and Daimler Greater China will add a respective investment of RMB 400 million in Shenzhen Denza New Energy Automobile Co.,Ltd., the 50:50 joint venture of the two which manufactures and supplies electric vehicles.
May 29 , 2018
Chinese state-owned automaker Chery Auto approved the resolution on the transfer of the company’s shareholding on May 29, which was unanimously passed by the employees' representatives conference.
May 29 , 2018
Chongqing Changan Automobile Co., Ltd (Changan Auto) announced that Gong Bin, Huang Zhongqiang and Luo Minggang will no longer serve as the company’s vice president, according to an official personnel change statement released on May 28.
May 29 , 2018
The Tiggo 3xe 400 and the eQ1 300, two EV models of Chery Auto, went on sale in Shanghai on May 27, with official suggested prices ranging from RMB 157,800 to RMB 170,800 (the Tiggo 3xe) and RMB 119,900 (the eQ1 300) respectively.
May 28 , 2018
BYD Auto announced on May 27 that the Yuan EV 360, a small-sized BEV (battery electric vehicle) model officially go on sale with four versions, priced from RMB 79,900 to RMB 99,900 after deducting the subsidiaries.
May 28 , 2018
Sitech, a Guizhou-based electric vehicle maker, officially formed partnership with the world-leading auto parts provider Bosch on May25. In the future, both parties will jointly develop projects like AVP (automated valet parking).
May 28 , 2018