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Stellantis intends to terminate joint venture with GAC Group
Stellantis intends to terminate joint venture with GAC Group

Stellantis, one of the world's leading automakers and a mobility service provider, announced on July 18 the plan to focus on distributing imported vehicles for the Jeep brand in China through an asset-light approach.

Jul. 18 , 2022
BAIC Motor to subscribe for at least 35.99% of BAIC BluePark's new A-shares
BAIC Motor to subscribe for at least 35.99% of BAIC BluePark's new A-shares

BAIC Motor Corporation (BAIC Motor) announced that, on July 15th, the company and BAIC BluePark, an A-share listed subsidiary of the group, entered into the share subscription agreement to subscribe for no less than 35.99% of the total number of new

Jul. 18 , 2022
GAC AION announces pre-quotation for A round of strategic investor introduction
GAC AION announces pre-quotation for A round of strategic investor introduction

GAC AION, the NEV-dedicated arm of GAC Group, said the pre-quotation for its A round of strategic investor introduction began on July 18 at Guangdong United Assets and Equity Exchange.

Jul. 18 , 2022
Beijing Easpring Material Technology, QingTao Energy ally on solid-state battery materials supply
Beijing Easpring Material Technology, QingTao Energy ally on solid-state battery materials supply

Beijing Easpring Material Technology Co., Ltd. and QingTao (Kunshan) Energy Development Co., Ltd. on July 16 signed an agreement to build a strategic partnership on a number of businesses like solid-state battery technology development.

Jul. 18 , 2022
Toyota sees Q2 2022's first YoY increase in China monthly sales
Toyota sees Q2 2022's first YoY increase in China monthly sales

In the sixth month of 2022, the four major Japanese automakers, namely Toyota Motor, Honda Motor, Nissan Motor, and Mazda Motor all witnessed their monthly sales volume recover over the previous month.

Jul. 16 , 2022
June 2022 sales update of main Chinese auto groups and NEV startups
June 2022 sales update of main Chinese auto groups and NEV startups

China’s auto sales regained a vigorous rising impetus in June after shrinking year on year for three consecutive months, driven by waning coronavirus outbreaks and strong policies stimulus.

Jul. 15 , 2022