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Startup SINOGOLD, Haiquan Group to team up on NEV industrial park
Startup SINOGOLD, Haiquan Group to team up on NEV industrial park

The Shandong-based EV startup SINOGOLD struck a deal with Shandong Haiquan New Energy Technology Co., Ltd (Haiquan Group) earlier this month for a strategic cooperation on building a NEV industrial park.

Dec. 17 , 2019
GAC NIO’s HYCAN to launch first mass-produced model on Dec. 27
GAC NIO’s HYCAN to launch first mass-produced model on Dec. 27

HYCAN, the EV brand launched by GAC NIO New Energy Automotive Co.,Ltd (GAC NIO), is about to unveil its first all-electric SUV model on December 27, according to a post on HYCAN’s WeChat account, just one day ahead of the third NIO DAY.

Dec. 17 , 2019
FAW-VW, Audi sign MoU to inject China-built Audi models with more sports DNA
FAW-VW, Audi sign MoU to inject China-built Audi models with more sports DNA

FAW-Volkswagen (FAW-VW) and German premium carmaker Audi recently signed a memorandum of understanding (MoU) to imbue Audi-branded models produced by the Sino-German joint venture with more genes of Audi Sport.

Dec. 17 , 2019
XPENG Motors says collective share pledge is for the sake of equity structure improvement
XPENG Motors says collective share pledge is for the sake of equity structure improvement

All 47 shareholders of Guangzhou Chengxing Zhidong Automobile Technology Co., Ltd, also known as XPENG Motors, have made the equity stakes they hold in the Guangzhou-based EV startup pledged on December 10.

Dec. 16 , 2019
Volvo Cars' all-new S60 hits market, starting at 286,900 yuan
Volvo Cars' all-new S60 hits market, starting at 286,900 yuan

Volvo Cars’ all-new S60 went on sales in China on December 12 with seven variants covering four types of powertrain, T3, T4, T5 and T8.

Dec. 16 , 2019
Shareholder of Evergrande NEVS (Shanghai) to sell 20% stake
Shareholder of Evergrande NEVS (Shanghai) to sell 20% stake

Shanghai Songjiang Economic & Technological Development Group, one of the two shareholders of Evergrande NEVS (Shanghai), is going to transfer its 20% stake in Evergrande NEVS (Shanghai).

Dec. 16 , 2019