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
Jiangsu Province, an eastern-central coastal province of China, is ambitious to be the country’s leading development base of hydrogen fuel cell vehicles, the provincial government stated recently.
Sep. 4 , 2019
WM Motor recently revealed the project of the “7-Series” medium sedan, which will probably be managed by the Chief Growth Officer as well. The concept of the new sedan will be unveiled at the Auto China 2020 in Beijing.
Sep. 3 , 2019
China will exempt Tesla’s electric vehicles from its vehicle purchase tax, China’s Ministry of Industry and Information Technology (MIIT) said on August 30, amongst an escalating trade tension with the United State.
Sep. 2 , 2019
BAIC BluePark, the parent company of Chinese NEV maker BAIC BJEV, announced its first-half revenue zoomed up 76.63% from the previous year to RMB9.919 billion amongst a blooming rise of NEV sales in China.
Aug. 27 , 2019