EV
Changan New Energy denies rumor about suspending sales of 3 BEV models
Changan New Energy denies rumor about suspending sales of 3 BEV models

Recently, a local media outlet said Changan New Energy has suspended sales of three BEV models, while the rumor was afterwards denied by the automaker.

Sep. 17 , 2019
WM Motor replaces majority shareholder, but not for IPO purpose
WM Motor replaces majority shareholder, but not for IPO purpose

WM Motor, a Chinese electric carmaker, recently got its majority shareholder changed from WM Smart Mobility Technology (Shanghai) Co.,Ltd to a Suzhou-based company who has currently wholly owned the startup.

Sep. 17 , 2019
Tianjin to let hydrogen fuel cell industry take off
Tianjin to let hydrogen fuel cell industry take off

Tianjin, a coastal metropolis in Northern China, intends to initially build a complete industrial chain of hydrogen fuel by 2022 with an expected annual output value exceeding RMB10 billion.

Sep. 17 , 2019
Evergrande initiates splendid talent recruitment for global NEV R&D headquarters
Evergrande initiates splendid talent recruitment for global NEV R&D headquarters

China Evergrande Group once again became a buzzworthy topic in the automobile domain with a recruitment advertisement that went viral in China’s social media platform WeChat.

Sep. 9 , 2019
NIO to issue $200 million worth of convertible notes to its chairman, Tencent
NIO to issue $200 million worth of convertible notes to its chairman, Tencent

Chinese EV startup NIO announced on September 5 it would issue and sell convertible notes in an aggregate principal amount of US$200 million to the investors through a private placement.

Sep. 5 , 2019