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Chery Jaguar Land Rover records YoY, MoM jumps in May wholesales
Chery Jaguar Land Rover records YoY, MoM jumps in May wholesales

Chery Jaguar Land Rover (CJLR) boasted a substantial year-on-year growth of 38.3% in its May wholesale volume, which was also 24.2% more than that of a month ago, the Sino-British premium auto joint venture announced on June 4.

Jun. 4 , 2020
Registered capital of NIO China’s legal entity leap to 3.85 billon yuan
Registered capital of NIO China’s legal entity leap to 3.85 billon yuan

The registered capital of NIO (Anhui) Holding Co.,Ltd., the legal entity of NIO China, has increased to 3.851 billion yuan ($540.605 million) from 11 million yuan ($1,544,184), and has introduced one more shareholder.

Jun. 4 , 2020
NIO Inc. Provides May 2020 Delivery Update
NIO Inc. Provides May 2020 Delivery Update

NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today provided its May 2020 delivery results.

Jun. 4 , 2020
SAIC-GM-Wuling launches Rongguang vending microvan to uphold “stall economy”
SAIC-GM-Wuling launches Rongguang vending microvan to uphold “stall economy”

SAIC-GM-Wuling (SGWM), a joint venture among General Motors, SAIC Motors and Liuzhou Wuling Motors, launched on June 2 a new Rongguang microvan that can be converted into a mobile stall or booth to support the so-called “stall economy”.

Jun. 4 , 2020
Shareholder of Evergrande NEVS (Shanghai) sells 20% stake
Shareholder of Evergrande NEVS (Shanghai) sells 20% stake

20% stake of Evergrande NEVS (Shanghai) has been transferred with a final transaction price of RMB 443 million.

Jun. 3 , 2020
BMW partners with State Grid EV on R&D, promotion of charging service, tech
BMW partners with State Grid EV on R&D, promotion of charging service, tech

BMW Group signedan agreement with State Grid Electric Vehicle Service Co., Ltd. for a strategic cooperation on the R&D and innovation of battery charging technologies, the popularization of charging service and promotion of NEV-used electricity.

Jun. 3 , 2020