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Jinbei Auto transfers shares of a subsidiary
Jinbei Auto transfers shares of a subsidiary

Jinbei Auto announced, "Jinbei Auto has already completed the procedures of transferring all Jinbei Vehicle’s shares." This announcement drew a conclusion to Jinbei Auto's transferring plan.

Dec. 13 , 2017
Alibaba invests in Xpeng Motors
Alibaba invests in Xpeng Motors

On Dec. 12, Alibaba, China’s Internet giant finished the investment in Xpeng Motors, one of Chinese EV startups, taking up 10% stake of Xpeng Motors.

Dec. 13 , 2017
Audi still lags behind BMW, Benz in YTD sales in China
Audi still lags behind BMW, Benz in YTD sales in China

By the end of November, a total of three luxury car brands have delivered over 500,00 vehicles in China this year. BMW Group was the best seller in China in the past eleven months, with a cumulative sales volume of 542,362 units.

Dec. 13 , 2017
Honda, Neusoft sign agreement to cooperate in car sharing
Honda, Neusoft sign agreement to cooperate in car sharing

On December 12, Honda China signed a cooperation agreement with Neusoft Reach Automotive Technology, a subsidiary of Neusoft Group to carry out strategic cooperation.

Dec. 13 , 2017
Sokon aims to be global provider of battery, electric motor, electric control systems
Sokon aims to be global provider of battery, electric motor, electric control systems

On Dec. 11, Chongqing Sokon Industry Group, parent company of SF Motors, released an announcement that its board of directors passed eight projects.

Dec. 12 , 2017
The output of battery electric logistics vehicles surges nearly 700% in October
The output of battery electric logistics vehicles surges nearly 700% in October

Since July this year, all-electric special vehicle market dominated by all-electric logistics vehicles has soared amazingly.

Dec. 12 , 2017