Market & Industry
Smarter Energy transfers 40% shares of Detroit Electric to Far East Holding Group
Smarter Energy transfers 40% shares of Detroit Electric to Far East Holding Group

Smarter Energy released announcement on May 24th that it plans to transfer 40% shares of Detroit Electric to the shareholder Far East Holding Group for free.

May 26 , 2017
Geely New Factory in Belarus Will Produce the First Batch of Cars
Geely New Factory in Belarus Will Produce the First Batch of Cars

On May 23rd, The Russian satellite news agency reported that Semashko revealed that the factory construction work has been completed 99.3%.

May 26 , 2017
Newly launched luxury car models in June
Newly launched luxury car models in June

As a middle-size Lexus model, IS series always get high attention in the market. It’s known that the new model IS300 will be launched in June with 2.0T engine. The pre-selling price is at least RMB 335,000 for the four different models.

May 25 , 2017
Spotlights in the 14 companies Obtaining Alternative Energy Vehicle Production Certificates
Spotlights in the 14 companies Obtaining Alternative Energy Vehicle Production Certificates

Currently, a total of 14 companies have obtained production certificates for alternative energy vehicles, including BAIC BJEV, Changjiang EV, Qiantu Motor, Chery New Energy, Jiangsu Minan, Wanxiang Group, JMC EV, Chongqing Jinkang, NEVS, etc.

May 24 , 2017
Adjustments on approving Auto Companies’ Entry Application Project: adding a provision on new BEV
Adjustments on approving Auto Companies’ Entry Application Project: adding a provision on new BEV

hina Vehicle Technology Service Center (CVTSC) released Adjustments on approving Auto Companies’ Entry Application Projects on May 23rd. The newly-built BEV companies’ projects should be approved by Investment Department of the State Council;

May 24 , 2017
Haima Auto’s exporting volume will reach 10,000 units this year, with S5 going into operation in Iran
Haima Auto’s exporting volume will reach 10,000 units this year, with S5 going into operation in Iran

Haima Auto has begun its global layout as early as in 2007. Till now, Haima Auto has exported vehicles to more than 10 countries in Africa and America. The Q1 exporting volume reaches 3,700 units this year, amounting to the total annual exporting vol

May 23 , 2017