News
CRRC transfers 51% share of CRRC TEV with RMB 926 million
CRRC transfers 51% share of CRRC TEV with RMB 926 million

On Oct. 27, CRRC released a statement, saying that its wholly owned subsidiary, CRRC Zhuzhou Institute planned to transfer 51% share of CRRC TEV to CRRC's holding company by agreement with RMB 926.4002 million.

Oct. 31 , 2017
BAIC, Yanfeng enter into strategic cooperation
BAIC, Yanfeng enter into strategic cooperation

BAIC and Yanfeng signed a strategic cooperation framework agreement.

Oct. 31 , 2017
Geely sells LYNK&CO Auto Sales Company
Geely sells LYNK&CO Auto Sales Company

On Oct. 26, Geely Auto announced that it will sell all the shares of LYNK&CO Auto Sales Company with RMB 100 million.

Oct. 30 , 2017
GWM’s net profit slumps around 80% year on year
GWM’s net profit slumps around 80% year on year

GMW’s Q3 report showed that the total revenue in previous nine months was flat year on year to RMB 63.43 billion.

Oct. 30 , 2017
SAIC-GM exports more than 400,000 units overseas
SAIC-GM exports more than 400,000 units overseas

From 2001 till now, SAIC-GM has exported most among the JV companies with a cumulative volume of more than 400,000 units.

Oct. 27 , 2017
Commerce Department confirms Tesla’s discussion with Shanghai government
Commerce Department confirms Tesla’s discussion with Shanghai government

On October 26th, the spokesman of the Commerce Department confirmed that America electric-car maker Tesla Inc. has been in talk with relevant departments of Shanghai government.

Oct. 27 , 2017