News
LeEco’s EV subsidiary CEO resigns and joins rumored affiliate
LeEco’s EV subsidiary CEO resigns and joins rumored affiliate

Zhang Hailiang, vice president and chief executive of LeEco’s electric car affiliate Le Supercar, reportedly resigned as chief executive and joined Beijing Dearcc as president and CEO.

Oct. 17 , 2017
CAAM Experts clear rumor that China will ban sales on fuel-power vehicles
CAAM Experts clear rumor that China will ban sales on fuel-power vehicles

China has started to work on the timetable to ban sales on traditional fuel-power vehicles. But it’s still waiting to be researched whether the prohibition will be started and when or how to conduct it.

Oct. 16 , 2017
China auto sales increase 5.7% year-on-year to 2.71m units in September
China auto sales increase 5.7% year-on-year to 2.71m units in September

According to the China Association of Automobile Manufacturers (CAAM), domestic auto sales reached 2.71m units in September with a growth of 5.7% year on year.

Oct. 16 , 2017
Changan Automobile to Roll out 3 NEVs,new models to hit the market on Oct. 19
Changan Automobile to Roll out 3 NEVs,new models to hit the market on Oct. 19

Changan Automobile will hold the new energy strategy conference on Oct. 19, and will launch three NEVmodels at the conference.

Oct. 16 , 2017
GWM admits signing cooperative feasibility agreement with Mini
GWM admits signing cooperative feasibility agreement with Mini

GWM releases announcement to clarify rumor of opening JV with BMW, but admits signing cooperative feasibility agreement with Mini

Oct. 13 , 2017
CNNC Hua Yuan Titanium Dioxide Co., Ltd plans to purchase 35% shares of Union Energy with RMB 35 million to enter into lithium battery area
CNNC Hua Yuan Titanium Dioxide Co., Ltd plans to purchase 35% shares of Union Energy with RMB 35 million to enter into lithium battery area

On Oct. 11, CNNC Hua Yuan Titanium Dioxide Co., Ltd signed an equity transfer agreement with Hui Jingyuan and other shareholders of Union Energy to purchase 35% shares with RMB 35 million.

Oct. 13 , 2017