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Chinese EV startup NIO will file the Form S-1 in September as part of the preparation for its IPO in the U.S. stock market, according to people with knowledge of the matter.
Aug. 8 , 2018
BAIC Group, Great Wall Motor and a subsidiary of SDIC (State Development & Investment Corporation) inked a strategic cooperation agreement on August 7.
Aug. 8 , 2018
China’s passenger vehicle sales reached 1.834 million, up 2.5% percent compared with 1.79 million in the same period last year, but down 0.8% compared with 1.85 million in the previous month.
Aug. 7 , 2018
On August 3, China’s Test Procedure of Autonomous Driving Functions on ICV (Trial) was jointly issued by the National Technical Committee of Auto Standardization and China Industry Innovation Alliance for the Intelligent and Connected Vehicles.
Aug. 7 , 2018
Gasgoo summarized the top 4 Japanese automakers by the sales volume they created in China last month. In July, Toyota transcended Nissan and took the championship by China sales.
Aug. 7 , 2018
Geely Auto sales (including the Lynk & Co) reached 120,277 units in July, jumping 32% year on year, while edging down 6.4% month on month. By the end of July, the automaker delivered a total of 886,907 vehicles so far this year.
Aug. 6 , 2018