- Magna sets e-powertrain joint venture with Huayu Automotive Systems
Magna signed a joint-venture agreement with Huayu Automotive Systems Co., Ltd., a subsidiary of SAIC Motor.
Oct. 18 , 2017
- Chongqing Sokon plans to acquire Tesla former CEO’s startup
Chongqing Sokon Industry Group Co., Ltd announced on October 17 that its wholly owned subsidiary SF MOTORS planned to acquire 100% stake of InEVit with a transaction price of 33 million dollars.
Oct. 18 , 2017
- Eight development trends for China’s lithium battery industry
This article analyzes eight development trends for China’s lithium battery industry
Oct. 17 , 2017
- 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
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...
Oct. 16 , 2017
- China September New Energy Passenger Vehicle Sales Surge 90% Year on Year to 58,217 Units
China new energy passenger vehicle sales reached 58,217 units in September, with a surge of 90 percent year on year and an increase of 10 percent month on month.
Oct. 16 , 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
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
- Leapmotor’s electric car to be released on Nov. 10 and to hit the market in 2018
It is revealed that Leapmotor will release its first electric car on Nov. 10. The new model will hit the market in 2018 with price range between RMB 120,000 and RMB 150,000.
Oct. 12 , 2017
