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Summary of Chinese mainstream automobile groups’ May sales
Summary of Chinese mainstream automobile groups’ May sales

Amid the general resilient milieu, quite a few mainstream automakers in China logged double-digit growth in their May sales, such as FAW Group, Dongfeng Motor, Changan, Geely Auto and JAC Motor.

Jun. 18 , 2020
Geely Auto likely to issue RMB shares, go public on Shanghai Sci-Tech Board
Geely Auto likely to issue RMB shares, go public on Shanghai Sci-Tech Board

Geely Automobile Holdings Limited announced on June 17 that its board of directors has approved a preliminary proposal for the possible issuance of RMB shares and listing on the Sci-Tech Board of the Shanghai Stock Exchange.

Jun. 18 , 2020
Dongfeng Motor, CATL cement cooperation for better NEV development
Dongfeng Motor, CATL cement cooperation for better NEV development

Dongfeng Motor Corporation and CATL agreed to step up their strategic collaboration on NEV development, which is expected to help promote the building and perfection of China’s NEV industrial ecosystem.

Jun. 17 , 2020
GAC NE’s Aion V BEV hits market with post-subsidy price starting at 159,600 yuan
GAC NE’s Aion V BEV hits market with post-subsidy price starting at 159,600 yuan

GAC NE, GAC Group’s wholly-owned BEV-focused subsidiary, will launch its third mass-produced model, the Aion V, into the market through online platform on June 16.

Jun. 16 , 2020
BYD Semiconductor to raise 800 million yuan from 30 investors
BYD Semiconductor to raise 800 million yuan from 30 investors

BYD Company Limited (BYD) announced on June 15 its subsidiary BYD Semiconductor Co.,Ltd. has introduced another 30 strategic investors, which will give it significant impetus to the process of becoming a publicly-listed company.

Jun. 16 , 2020
Huawei said to provide BYD with Kirin chipset
Huawei said to provide BYD with Kirin chipset

Huawei has reportedly formed cooperation with Chinese automaker BYD to offer the latter the Kirin 710A chipset developed by its wholly-owned subsidiary HiSilicon, according to the local tech media 36Kr.

Jun. 16 , 2020