News
Mr. Scott Tolson, Former CEO of Sigmatex, Getting on Board as Vice President of HRC Group
Mr. Scott Tolson, Former CEO of Sigmatex, Getting on Board as Vice President of HRC Group

In this new position, he will mainly be in charge of the development and implementation of HRC’s global strategy for business growth, also the discovery of new business opportunities.

Sep. 1 , 2020
NIO Inc. Announces Pricing of Offering of 88,500,000 American Depositary Shares
NIO Inc. Announces Pricing of Offering of 88,500,000 American Depositary Shares

NIO Inc., a pioneer in China’s premium smart electric vehicle market, today announced the pricing of the offering of 88,500,000 American depositary shares.

Aug. 31 , 2020
GAC Toyota starts building new NEV facility as part of NEV business expansion
GAC Toyota starts building new NEV facility as part of NEV business expansion

GAC Toyota celebrated on August 29 the first spade cut for a new NEV manufacturing facility, the second phase under a project design to expand the joint venture’s NEV capacity.

Aug. 31 , 2020
NIO sustains championship among China’s NEV startups by July insurance volume
NIO sustains championship among China’s NEV startups by July insurance volume

In July, automakers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for roughly 90,403 new energy vehicles (NEVs), representing a robust surge of 166.53% from a year ago.

Aug. 31 , 2020
Baidu expected to offer Robotaxi, Robobus services in Guangzhou
Baidu expected to offer Robotaxi, Robobus services in Guangzhou

Apollo Intelligent Transportation (Guangzhou) Co.,Ltd. on August 28 won the bidding for the “new infrastructure” project initiated by local authority of Huangpu district / Guangzhou Development District and themed autonomous driving and V2X.

Aug. 28 , 2020
Evergrande Auto’s NEV business earns 53 million yuan of first-half revenue
Evergrande Auto’s NEV business earns 53 million yuan of first-half revenue

Evergrande Auto said its first-half revenue gained from new energy vehicle (NEV) business amounted to 53 million yuan ($7,705,840), plunging 81.34% from a year earlier.

Aug. 28 , 2020