NIO will issue and sell convertible notes in an aggregate principal amount of US$70 million to an unaffiliated Asia based investment fund through a private placement.
Feb. 6 , 2020
China’s top electric vehicle battery maker CATL confirmed on Feb. 3 its partnership with EV manufacturer Tesla, which previously revealed the former has joined the lineup of its battery suppliers.
Feb. 3 , 2020
Chery New Energy’s new model, code-named S61, is set to be named eQ5 judging from the logo on its rear part and expected to hit the market in the first half of this year, with price ranging between 200,000 and 250,000 yuan ($29,155-36,444).
Jan. 20 , 2020
Three Jeep-branded PHEV models are likely to be introduced into China market in the near future, according to a local media report, namely, the PHEV options of the all-new Jeep Wrangler, the Renegade and the Compass.
Jan. 20 , 2020
Chongqi Changan Automobile, FAW Group, Dongfeng Motor Corporation, China South Industries Group Corporation and Nanjing Jiangning Economic & Technical Development Company signed an agreement to set up T3 technology platform company for NEV.
Jan. 19 , 2020