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Changan Auto names new president
Changan Auto names new president

Changan Automobile named Wang Jun as new president.

Oct. 16 , 2020
Tesla to launch NEV innovation center in Hainan Free Trade Zone
Tesla to launch NEV innovation center in Hainan Free Trade Zone

Tesla is ready to set up a new energy vehicle innovation center in Hainan, China’s southernmost province and deploy its superchargers around the island province, one of 46 key investment projects signed by Hainan FTP on October 13.

Oct. 15 , 2020
BAIC BJEV September sales fall 77.57% year on year
BAIC BJEV September sales fall 77.57% year on year

Last month, the automaker sold 2,245 vehicles, a 77.57% decrease compared with the same period of last year.

Oct. 15 , 2020
Faraday Future Completes Bridge Financing To Push Forward Production Of Its All-electric FF 91 Luxury Vehicle
Faraday Future Completes Bridge Financing To Push Forward Production Of Its All-electric FF 91 Luxury Vehicle

It has completed the expansion and extension of the senior bridge financing facility put in place in 2019 to support the completion and launch of its flagship FF 91 EV and continue development of the mass-market FF 81.

Oct. 15 , 2020
Changan Auto expected to gain up to 3.8 billion yuan in Q1-Q3 net profit
Changan Auto expected to gain up to 3.8 billion yuan in Q1-Q3 net profit

Changan Auto said its net profit attributable to shareholders for the first three quarters was forecasted to reach 3.2 billion yuan to 3.8 billion yuan, shooting up 220.23% to 242.78% from the year-ago net loss of 2,661.51 million yuan.

Oct. 14 , 2020
Byton said to restart operation
Byton said to restart operation

Its board of directors and board of shareholders have approved the company’s restructuring plan.

Oct. 14 , 2020