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It is reported that certain industry insider said that Hybrid Kinetic Group will invest RMB 12 billion to buy 87.5 percent stake of Chery, which has been repeatedly reported being sold in the past two months.
Oct. 23 , 2017
In recent days, China was said to ease restrictions on foreign investment in such sectors as finance and NEVs, and continue to simplify the management procedures for foreign investment。
Oct. 20 , 2017
New energy vehicle sales have been recovering by the third quarter, with the total sales volume growing 30% year-on-year. Currently, the monthly production and sales volumes are nearly 80,000 units
Oct. 20 , 2017
The wholesales of China passenger vehicle automakers reached 2.302 million units in September, with a year-on-year increase of 3.6 percent and a month-on-month increase of 24.3 percent.
Oct. 20 , 2017
Xu Heyi, chairman of the state-owned carmaker BAIC Group, said that China branded new energy vehicles (NEV) will be in the upper echelon of the global auto market by 2035.
Oct. 20 , 2017
NDRC has begun drafting National Intelligent Vehicle Innovative Development Strategy, which will be the roadmap and guideline for the development of China's intelligent vehicles.
Oct. 19 , 2017