Tianjin-headquartered EV startup ICONIQ Motors has obtained the qualification to manufacture new energy vehicles (NEVs) by gaining equity interest in Tianjin Tianqi Group Meiya Automobile Manufactory Co.,Ltd (Tianqi Meiya).
Jul. 24 , 2019Evergrande Health announced on July 24 that one of its wholly-owned subsidiaries has entered into an agreement with German powertrain supplier hofer Aktiengesellschaft to set up a joint venture in Germany.
Jul. 24 , 2019The China Association of Automobile Manufacturers (CAAM) recently cut the 2019 car sales volume forecast of China’s auto market to 26.68 million units (down by 5% year on year) from 28 million units as sales still weakened for H1 2019.
Jul. 24 , 2019Chinese state-owned automaker Beijing Automotive Group Co.,Ltd (BAIC Group) announced on July 23 it has plowed investment in Daimler AG, a Stuttgart-based auto company who owns Mercedes-Benz, to cement their long-term strategic cooperation.
Jul. 23 , 2019Zhejiang Geely Holding Group (Geely Holding), China’s largest privately-owned automotive technology company, rose 47 places in the 2019 Fortune Global 500 to 220th after its last year’s revenues reached US$49.665 billion.
Jul. 23 , 2019FAW Group, Dongfeng Motor and Changan Automobile on July 22 launched the T3 Mobility platform, which is designed to offer consumers safe, convenient and comfortable mobility services and solve industrial pain points.
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