The Board of Evergrande Health Industry Group Limited proposes to change the name of the company to “China Evergrande New Energy Vehicle Group Limited”, as the NEV has become its most important business.
Jul. 27 , 2020
The number of consumers in China buying the Mandatory Liability Insurance (MLI) for Tesla’s China-built Model 3s hit a new high of 14,977 units in June, jumping 31.82% over the previous month, according to the China Insurance Regulatory Commission.
Jul. 24 , 2020
EV innovator NIO’s third mass-produced model, the NIO EC6, went on sale at the Chengdu Motor Show 2020 with three variants offered at one go. The vehicle is sold at the pre-subsidy prices ranging from 368,000 yuan ($52,542) to 526,000 yuan ($75,101).
Jul. 24 , 2020
Xpeng Motors announced on July 20 the signing of its Series C+ financing of around US$500 million with a group of investors including Aspex, Coatue, Hillhouse and Sequoia Capital China.
Jul. 20 , 2020
SAIC Motor signed on July 15 a framework agreement with China Baowu Group to carry out all-round cooperation on such areas as hydrogen utilization, integrated materials for automobiles, smart supply and industrial finance.
Jul. 16 , 2020
Real estate conglomerate China Evergrande Group established on July 10 a Guangdong-based subsidiary whose one of major businesses is the R&D of NEV-related technologies, according to the enterprise information query platform Tianyancha.
Jul. 15 , 2020