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Ningbo Joyson Electronics announced that it have signed a definitive agreement with Takata Corporation for no more than $1.588 billion. The Chinese company will acquire all of Takata’s business, except for those related to PSAN airbag inflators.
Nov. 22 , 2017
Four relevant government departments recently discussed that the 2018 NEV subsidy policy will undergo three adjustments.
Nov. 21 , 2017
On November 20th, Shouqi Limousine & Chauffer announced that it was accelerating a new round financing, totaling RMB 1.3 billion. NIO Capital and Baidu led its B+ round financing.
Nov. 21 , 2017
At the Auto Guangzhou 2017, many executives from China self-owned auto brands revealed their new model plans of the near future. From the current information, six self-owned auto brands will unveil a total of 23 new models, 16 of which are SUVs.
Nov. 21 , 2017
On Nov. 17, the Lynk & Co 01 started preorder at the Auto Guangzhou 2017 with price range between RMB 170,000 and RMB 240,000, and were snapped up in 137 seconds.
Nov. 21 , 2017
On Nov. 17, Geely Automobile (Belarus) Co., Ltd., the first automotive joint venture between China and Belarus, held an inauguration ceremony for its CKD assembly plant as well as an off-line ceremony for its first mass produced model.
Nov. 20 , 2017