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GAC NIO New Energy Automotive Co.,Ltd (GAC NIO), a joint venture between GAC Group and NIO, will close its pre-A round of financing in the second half of the year, and the capital amount and investors have been basically determined.
Jul. 2 , 2020
JAC Motors inked on June 30 an agreement with Bozhou municipal government to build mid-/high-end MPVs at Anhui Jianghuai Anchi Automobile Co., Ltd., a wholly-owned subsidiary of the Hefei-based automaker.
Jul. 2 , 2020
Geely Automobile Holdings Limited (called “Geely Auto” for short) is ready to be tutored by two securities companies before its initial public offering of A shares and listing on the science and technology innovation board.
Jul. 2 , 2020
SAIC-GM-Wuling (SGMW), a joint venture among General Motors, SAIC Motors and Liuzhou Wuling Motors, celebrated on June 30 the launch of a large-scale energy storage power station that achieves cascade utilization of power batteries in Guangxi.
Jun. 30 , 2020
Li Hongpeng, a former senior executive of Ford Motor, has been appointed as Vice President of Commerce of Hyundai Motor Group (China) Ltd., managing Hyundai’s China strategic planning and market expansion business.
Jun. 30 , 2020
NIO (Anhui) Holding Co., Ltd., or NIO Anhui has received from the investors RMB4.8 billion out of the RMB5 billion of cash investments for the first two installments.
Jun. 30 , 2020