Chongqing Changan Automobile Co., Ltd (Changan Automobile) said it has agreed to sell 50% stake in a joint venture with Groupe PSA to a subsidiary of Baoneng Automobile Co.,Ltd at a value of RMB1.63 billion.
Jan. 2 , 2020Chinese multinational technology company Baidu announced on December 30 it was granted 40 road test licenses for passenger-carrying autonomous driving by regulators in Beijing.
Dec. 31 , 2019Enovate’s first pure electric model ME7 rolled off the production line at the startup’s Shaoxing plant on 28 December.
Dec. 31 , 2019On December 30, the first pre-production car under ARCFOX, a premium BEV brand of BAIC BJEV, officially rolled off the production line at the Zhenjiang plant co-founded by BAIC and Magna.
Dec. 31 , 2019NIO Inc., a pioneer in China's premium electric vehicle market, today announced its unaudited financial results for the third quarter ended September 30, 2019.
Dec. 30 , 2019NIO Capital, an investment firm founded by leading Chinese EV maker NIO, announced on December 30 its US dollar fund (Eve ONE L.P.) has completed the first fundraising with over $200 million collected from a number of world’s leading investors.
Dec. 30 , 2019










