BAIC BJEV’s market value plunged by RMB 18.6 billion after BAIC Bluepark, the shell company for the company to go public, resumed trading on Shanghai stock exchange.
Sep. 28 , 2018
Dongfeng Automobile Co., Ltd. (DFAC) and Beijing Hyper Strong Technology Co., Ltd (Hyper Strong) recently formed a 50/50 joint venture (JV) focusing on new energy vehicle (NEV) technology development.
Sep. 26 , 2018
BAIC BJEV, the NEV subsidiary of BAIC Group, delivered a total of 70,188 vehicles from January to August with a year-on-year (YoY) surge of 67%, maintaining the championship by the Jan-Aug sales from the previous year.
Sep. 25 , 2018
On September 12, Chinese electric vehicle startup NIO went public on the New York stock exchange, the first Chinese electric vehicle startup listed in the U.S. NIO priced its shares at $6.26 in the initial public offering.
Sep. 12 , 2018
China new energy passenger vehicle grew 60% year on year to 84,226 units in August, according to data from the China Passenger Car Association (CPCA).
Sep. 12 , 2018
BYD’s new power battery program with an annual capacity of 30GWh formally settled in Xi'an Hi-tech Industries Development Zone on September 9. Meanwhile, BYD’s monorail demonstration line program officially started construction in this city.
Sep. 11 , 2018