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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 , 2018FAW-Volkswagen will launch its second SUV model dubbed the TAYRON and announce its Chinese name on September 19, the company said on Wednesday. According to previous local reports, the TAYRON is expected to go on sale in November.
Sep. 12 , 2018The nationwide car sales shrank 4.3% from the previous year to around 900 thousand units, accounting for 51% of overall PV sales in China last month.
Sep. 12 , 2018Guan Shaoqing, the current head of public relations (PR) at Daimler Greater China Ltd. (DGRC) and Beijing Mercedes-Benz Sales Company (BMBS), has been promoted to strategy executive vice president at DGRC, DGRC and BMBS announced on September 11.
Sep. 11 , 2018Chinese EV startup WM Motor officially announced on September 10 that the EX5 volume vehicle will be priced from RMB 186,550 to RMB 247,300, according to local media.
Sep. 11 , 2018Geely’s new power battery base has settled in Jingzhou, Hubei province in recent days, according to local media. Involving a total investment of RMB8 billion, the new base might be put into operation in 2020.
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