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GAC Group, FCA sign MoU to improve joint venture’s operations
GAC Group, FCA sign MoU to improve joint venture’s operations

At this year’s Chengdu Motor Show, GAC Group and FCA Group, two parent companies of the joint venture GAC FCA, signed a memorandum of understanding (MoU) to step up their strategic cooperation in China and explore new collaboration opportunities.

Jul. 31 , 2020
CATL taps intelligent manufacturing business by setting up joint venture with AIMS
CATL taps intelligent manufacturing business by setting up joint venture with AIMS

Chinese battery giant has teamed up with Advanced Intelligent Maintenance Systems (AIMS), a Hangzhou-based technology company, on building a joint venture that focuses on intelligent manufacturing businesses.

Jul. 30 , 2020
23 auto-related companies tabulated on 2020 Fortune China Top 500 list
23 auto-related companies tabulated on 2020 Fortune China Top 500 list

Fortune China released on July 27 the list of China's top 500 public companies, whose total revenues in 2019 reached RMB50.5 trillion, a year-on-year increase of 11%.

Jul. 30 , 2020
NIO honored champion Chinese EV startup by H1 insurance registrations
NIO honored champion Chinese EV startup by H1 insurance registrations

According to the China Insurance Regulatory Commission (CIRC), the so-called first-tier startups—NIO, Li Auto, WM Motor, Xpeng Motors and HOZON Auto—accounted for nearly 90% of the June insurance registrations of the Chinese startup-made NEVs.

Jul. 29 , 2020
Hong Kong-listed Dongfeng Group attempts to go public on ChiNext for developing new NEV brand
Hong Kong-listed Dongfeng Group attempts to go public on ChiNext for developing new NEV brand

Dongfeng Motor Group Company Limited, a HK-listed company engaged in auto-related businesses, said on Jul. 27 it intends to file for an initial public offering of RMB ordinary shares and go public on the Shenzhen Stock Exchang’s ChiNext Market.

Jul. 28 , 2020
Tencent’s in-car WeChat to be introduced into BMW’s vehicles
Tencent’s in-car WeChat to be introduced into BMW’s vehicles

German automaker BMW and Chinese Internet giant Tencent announced on July 27 that they have formed a new digital cooperation to introduce the “Tencent mini scenario” and the in-car WeChat application into BMW’s vehicles.

Jul. 28 , 2020