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Evergrande Health officially changes company name as focus switches to NEV business
Evergrande Health officially changes company name as focus switches to NEV business

Evergrande Health, the Hong Kong-listed electric car arm of Chinese real estate titan Evergrande Group, has officially changed its name to China Evergrande New Energy Vehicle Group Limited from Evergrande Health Industry Group Limited.

Aug. 27 , 2020
Wuhan ambitious to build China’s largest autonomous car fleet by 2022
Wuhan ambitious to build China’s largest autonomous car fleet by 2022

Dongfeng Motor will join hands with such Chinese leading self-driving startups as Auto X, DeepRoute.ai and UISEE to build China’s largest autonomous driving fleet in Wuhan Economic & Technological development Zone.

Aug. 26 , 2020
NIO Inc.’s market value for the first time surpasses $20 billion
NIO Inc.’s market value for the first time surpasses $20 billion

NIO Inc., the first Chinese EV startup that goes public on the New York Stock Exchange, saw its shares were up 19.17% closing at $17.84 on August 25 and its market value hit $21.131 billion, for the first time exceeding $20 billion.

Aug. 26 , 2020
FAW-Volkswagen’s JETTA sales top 100,000 units from Jan. to mid-Aug.
FAW-Volkswagen’s JETTA sales top 100,000 units from Jan. to mid-Aug.

Chinese car manufacturing joint venture FAW-Volkswagen (FAW-VW) said the year-to-date sales volume of its entry-level sub-brand JETTA has exceeded 10,000 units as of mid-August.

Aug. 25 , 2020
Li Auto said to name former Chief ADAS Architect of Visteon as CTO
Li Auto said to name former Chief ADAS Architect of Visteon as CTO

Li Auto has named Kai Wang, former Chief ADAS Architect of Visteon as its first CTO

Aug. 25 , 2020
Startup BYTON said to register new tech company after suspending China operations
Startup BYTON said to register new tech company after suspending China operations

Chinese EV startup BYTON has applied for the registration of a new technology company dubbed “Shengteng”, which is likely to snag an operating license at the end of August, according to a local media outlet.

Aug. 25 , 2020