EV
CRRC transfers 51% share of CRRC TEV with RMB 926 million
CRRC transfers 51% share of CRRC TEV with RMB 926 million

On Oct. 27, CRRC released a statement, saying that its wholly owned subsidiary, CRRC Zhuzhou Institute planned to transfer 51% share of CRRC TEV to CRRC's holding company by agreement with RMB 926.4002 million.

Oct. 31 , 2017
JMC NEV new base begins construction with a total investment of RMB 12 billion
JMC NEV new base begins construction with a total investment of RMB 12 billion

JMCG NEV new base and engineering research institute are important parts in JMCG’s layout for NEV R&D, manufacturing, sales and intelligent transportation.

Oct. 30 , 2017
Commerce Department confirms Tesla’s discussion with Shanghai government
Commerce Department confirms Tesla’s discussion with Shanghai government

On October 26th, the spokesman of the Commerce Department confirmed that America electric-car maker Tesla Inc. has been in talk with relevant departments of Shanghai government.

Oct. 27 , 2017
Dongfeng becomes a shareholder of CATL
Dongfeng becomes a shareholder of CATL

Weidong Liu, vice general manager of Dongfeng Automobile, publicly said that the automaker had become a shareholder of Contemporary Amperex Technology Limited (CATL)

Oct. 26 , 2017
Dual-credit policy shows great challenges on domestic self-independent brands
Dual-credit policy shows great challenges on domestic self-independent brands

Fu Yuwu, Chairman of SAE-China (Society of Automotive Engineers of China) believes that the double-credit policy will have the largest impact on the auto industry among all domestic auto policies.

Oct. 25 , 2017
Tesla speeds up layout in Chinese market with a campus recruitment of 500 people
Tesla speeds up layout in Chinese market with a campus recruitment of 500 people

shortly after a personnel adjustment and a substantial layoff in this month, rumors has it that Tesla has started its campus recruitment in China on the evening of October 24. The total number of recruitment positions reaches nearly 500.

Oct. 25 , 2017