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The China Security Regulatory Commission (CSRC) approved the initial public offering (IPO) application of Chinese battery giant Contemporary Amperex Technology (CATL) in the night of May 18. CATL will be listed on the ChiNext board in Shenzhen.
May 22 , 2018
Japanese automaker Honda will sell its stake in Honda Automobile (China) to GAC Honda, a joint venture with GAC group, valued at about RMB 602 million (around $94.7 million), according to Honda’s statement released on May 17.
May 21 , 2018
Chinese automaker Great Wall Motor (GWM) reportedly wants to control over 51% shareholdings in the JV with BMW Group, the company revealed at a meeting with some board directors from BMW Group before the conclusion of Auto China 2018.
May 21 , 2018
It is said that Baoneng Group, Chinese property and financial services conglomerate, is working on setting up a European technology center, in order to accelerate to deploy in alternative fuel vehicles.
May 18 , 2018
China’s ride-sharing company Didi Chuxing (hereinafter Didi) will disable all of rating and tagging functions from its hitching service, the company announced on May 16.
May 18 , 2018
Faraday Future (FF) will have a big story on May 18, according to the sources from Sina Weibo on May 17. At the same time, Chen Zhe, director of FF’s global marketing and communication, also spread the news that “Big Story is coming” on WeChat.
May 17 , 2018