Chinese EV startup NIO will reportedly go public on the New York Stock Exchange on Sept. 18. With a market valuation of $ 6 to 8 billion, NIO will raise $ 1 billion to finance its NEV development.
Aug. 24 , 2018
Chongqing Sokon Industry Group Stock Co., Ltd (Sokon) announced on Aug. 21 that the board of directors approved the proposal on adopting equity incentive for senior executives in its subsidiary, Jinkang New Energy Automotive Co., Ltd.
Aug. 23 , 2018
On Aug. 21, Chinese EV startup NIO reportedly had suffered substantial valuation shrink, which only ranged between $8 billion and $10 billion, $ 27 to 29 billion less than the previous valuation of $ 37 billion.
Aug. 23 , 2018
Traum Auto recently exposed the future plan about part of its new models, including all-new SUV model and various NEV models.
Aug. 21 , 2018
China EV startup Sitech announced that its first mass-produced model, the DEV 1 rolled off the production line at FAW Group On Aug. 16.
Aug. 21 , 2018
Great Wall Motor (GWM) New Energy officially launched its all-new brand ORA, together with its new energy strategy in Baoding, Hebei Province on Aug. 20.
Aug. 20 , 2018