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Geely's spokesman denies Geely's acquistion of Chongqing Lifan Holdings
Geely's spokesman denies Geely's acquistion of Chongqing Lifan Holdings

Yang Xueliang, the spokesman of Zhejiang Geely Holding Group, denied the rumor which said the group is going to plans to become the top shareholder of Chongqing Lifan Holdings Ltd.

Jun. 19 , 2020
BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds
BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds

BAIC BJEV, BAIC Group’s NEV arm, plans to publicly issue corporate bonds with a principal amounting to not more than 3 billion yuan ($423,268,500), according to its parent company BAIC BluePark New Energy Technology Co.,Ltd.

Jun. 19 , 2020
China’s PV deliveries projected to fall 8% YoY in June, CPCA
China’s PV deliveries projected to fall 8% YoY in June, CPCA

China’s PV retail sales (hereby referring to locally-produced cars, SUVs and MPVs) are estimated to drop 8% from a year ago to roughly 1.63 million units in June, according to China Passenger Car Association (CPCA).

Jun. 19 , 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
Lexus says China sales in May leap 35.1% YoY
Lexus says China sales in May leap 35.1% YoY

Lexus announced a sales volume of 22,145 new vehicles it achieved for its China market in May, a vigorous year-on-year growth of 35.1%, rebounding to the normal level before the COVID-19 broke out.

Jun. 17 , 2020