EV
EVE plans to establish high-performance lithium-manganese battery project in Jingmen
EVE plans to establish high-performance lithium-manganese battery project in Jingmen

EVE plans to establish high-performance lithium-manganese battery project in Jingmen with total investment of RMB 500 million

Oct. 19 , 2017
Magna sets e-powertrain joint venture with Huayu Automotive Systems
Magna sets e-powertrain joint venture with Huayu Automotive Systems

Magna signed a joint-venture agreement with Huayu Automotive Systems Co., Ltd., a subsidiary of SAIC Motor.

Oct. 18 , 2017
Chongqing Sokon plans to acquire Tesla former CEO’s startup
Chongqing Sokon plans to acquire Tesla former CEO’s startup

Chongqing Sokon Industry Group Co., Ltd announced on October 17 that its wholly owned subsidiary SF MOTORS planned to acquire 100% stake of InEVit with a transaction price of 33 million dollars.

Oct. 18 , 2017
China September New Energy Passenger Vehicle Sales Surge 90% Year on Year to 58,217 Units
China September New Energy Passenger Vehicle Sales Surge 90% Year on Year to 58,217 Units

China new energy passenger vehicle sales reached 58,217 units in September, with a surge of 90 percent year on year and an increase of 10 percent month on month.

Oct. 16 , 2017
CNNC Hua Yuan Titanium Dioxide Co., Ltd plans to purchase 35% shares of Union Energy with RMB 35 million to enter into lithium battery area
CNNC Hua Yuan Titanium Dioxide Co., Ltd plans to purchase 35% shares of Union Energy with RMB 35 million to enter into lithium battery area

On Oct. 11, CNNC Hua Yuan Titanium Dioxide Co., Ltd signed an equity transfer agreement with Hui Jingyuan and other shareholders of Union Energy to purchase 35% shares with RMB 35 million.

Oct. 13 , 2017
Leapmotor’s electric car to be released on Nov. 10 and to hit the market in 2018
Leapmotor’s electric car to be released on Nov. 10 and to hit the market in 2018

It is revealed that Leapmotor will release its first electric car on Nov. 10. The new model will hit the market in 2018 with price range between RMB 120,000 and RMB 150,000.

Oct. 12 , 2017