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Affected by the slower growth in domestic passenger vehicles’ output and sales, several Chinese automakers’ financial results in the first three quarters showed different degrees of decrease.
Nov. 14 , 2017
Geely announced that it has completed the acquisition of American flying-car startup Terrafugia. According to the statement, Geely will acquire Terrafugia’s all businesses and assets and the deal has been approved by relevant regulatory authorities.
Nov. 14 , 2017
A group of shots of a new Zotye SUV model are released with similar to Damy X5 with inner “X5S” mark, which may be named as Damy X5S.
Nov. 13 , 2017
CATL plans to list on the Growth Enterprise Market (GEM) and raise RMB 13.12 billion to expand its output capacity and develop next-generation battery.
Nov. 13 , 2017
In order to promote the development of lithium battery technology, China Automotive Battery Research Institute (CABRI), known as the national team for vehicle power battery, plans to increase another capital sum of no more than RMB 540 million.
Nov. 13 , 2017
Faraday Future, backed by Chinese entrepreneur Jia Yueting, managed to raise 900 million dollars from Indian Tata Group.
Nov. 13 , 2017