- Changan plans to gain CATL’s equity indirectly by acquisition
On Oct. 31, Changan Automobile announced that it plans to invest CATL by purchasing the fund shares of Zhenjiang Demao Hairun Equity Investment Fund Partnership.
Nov. 01 , 2017
- BYD sets up joint venture with Faurecia
BYD and Faurecia announced the establishment of a joint venture. Named Shenzhen Faurecia Automotive Parts Co., Ltd., the new joint venture will focus on developing and manufacturing advanced seating s...
Nov. 01 , 2017
- Zhejiang constructs solar road providing electricity for EVs
A solar road with global maximum load is completed in the park of Shaoxing Lanting Solar Energy Scientific and Technological Company Ltd., Zhejiang Province.
Oct. 31 , 2017
- BYD's revenue reaches RMB 28.895 billion in the third quarter
BYD achieved a revenue of RMB 28.895 billion in the third quarter ended Sept. 30, with a year-on-year growth of 3.76 percent. In the July-to-September period, the profit attributable to the shareholde...
Oct. 31 , 2017
- 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 926.400...
Oct. 31 , 2017
- JMC NEV new base begins construction with a total investment of RMB 12 billion
JMCG NEV new base and engineering research institute are important parts in JMCG’s layout for NEV R&D, manufacturing, sales and intelligent transportation.
Oct. 30 , 2017
- 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
- Baoneng Group invests RMB 14b to launch NEV project
Currently, Hangzhou Fuyang District government signed a cooperative agreement with Baoneng Group, Hangzhou Xintiandi Group on a NEV project with the annual capacity of 300,000 units and Xintiandi City...
Oct. 27 , 2017
