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  • Jia
    Jia Yueting denies FF bankruptcy while private funds suffer a lot in investing LeSee

    it’s reported that Jia Yueting intends to submit for FF bankruptcy and then sell it to other investors in America, but Faraday Future denies the report.

    Nov. 01 , 2017

    • Changan
      Changan plans to gain CATL’s equity indirectly by acquisition

      On Oct. 31, Changan Automobile announced that it plans to invest CATL by purchasing the fund shares of Zhenjiang Demao Hairun Equity Investment Fund Partnership.

      Nov. 01 , 2017

      • BYD
        BYD sets up joint venture with Faurecia

        BYD and Faurecia announced the establishment of a joint venture. Named Shenzhen Faurecia Automotive Parts Co., Ltd., the new joint venture will focus on developing and manufacturing advanced seating s...

        Nov. 01 , 2017

        • Zhejiang
          Zhejiang constructs solar road providing electricity for EVs

          A solar road with global maximum load is completed in the park of Shaoxing Lanting Solar Energy Scientific and Technological Company Ltd., Zhejiang Province.

          Oct. 31 , 2017

          • BYD's
            BYD's revenue reaches RMB 28.895 billion in the third quarter

            BYD achieved a revenue of RMB 28.895 billion in the third quarter ended Sept. 30, with a year-on-year growth of 3.76 percent. In the July-to-September period, the profit attributable to the shareholde...

            Oct. 31 , 2017

            • CRRC
              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 926.400...

              Oct. 31 , 2017

              • JMC
                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
                  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

                  • Baoneng
                    Baoneng Group invests RMB 14b to launch NEV project

                    Currently, Hangzhou Fuyang District government signed a cooperative agreement with Baoneng Group, Hangzhou Xintiandi Group on a NEV project with the annual capacity of 300,000 units and Xintiandi City...

                    Oct. 27 , 2017

                    • Zotye’s
                      Zotye’s net profit of first three quarters soars over tenfold year over year

                      the company’s revenue for this year was RMB 11.595 billion, surging 831.13 percent. The net profit for this period was RMB 0.48 billion, increasing almost tenfold over the same period of last year.

                      Oct. 27 , 2017

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