EV
ZHIDOU gains EV procurement orders from South Korean government
ZHIDOU gains EV procurement orders from South Korean government

ZHIDOU, a subsidiary of Geely, has become the new energy vehicle (NEV) supplier together with Kia and GM, according to the latest procurement announcement by the procurement department of South Korean government.

Jun. 14 , 2018
BYTON announces close of $500 million Series B funding, operation of Nanjing global headquarters
BYTON announces close of $500 million Series B funding, operation of Nanjing global headquarters

BYTON announced on June 11 that its Nanjiang-based global headquarters started operation, together with the close of its RMB 500 million Series B funding, which included FAW Group, CATL and Tusholdings as investors.

Jun. 12 , 2018
CATL soars maximum 44% in market debut, valuing at RMB 78.64 billion
CATL soars maximum 44% in market debut, valuing at RMB 78.64 billion

China’s largest battery provider Contemporary Amperex Technology (CATL) made its debut in the ChiNext board in Shenzhen on June 11 with market shares soaring 44%, which is the maximum allowed for newly listed stocks on their first day of trade.

Jun. 11 , 2018
BYD teams up with Baidu, Dadao in new energy, autonomous driving areas
BYD teams up with Baidu, Dadao in new energy, autonomous driving areas

BYD, Baidu and Dadao, a sharing vehicle platform, announced on June 6 that they had signed an array of cooperation agreement in new energy vehicle, autonomous driving technology and sharing operation of vehicles.

Jun. 7 , 2018
Oushang Auto to launch 12 new models from 2018 through 2021
Oushang Auto to launch 12 new models from 2018 through 2021

Oushang Auto, formerly called Changan Oushang, released its new strategy and deployment on June 4, saying that the auto brand will launch 10 to 12 new models from 2018 through 2021.

Jun. 5 , 2018
BAIC BJEV approved to be listed on stock market in June or July by back-door listing
BAIC BJEV approved to be listed on stock market in June or July by back-door listing

On June 1, SST Qianfeng announced that it has been approved by China Security Regulatory Commission to issue stock shares to acquire 100% stake of BAIC BJEV.

Jun. 4 , 2018