Search Results for "Foton Motor"

Foton Motor, CATL to build joint venture for power battery leasing business
Foton Motor, CATL to build joint venture for power battery leasing business

BAIC Foton Motor Co., Ltd. (Foton Motor), a Beijing-headquartered commercial vehicle (CV) manufacturer majority-owned by BAIC Group, announced on Dec. 6 it intends to build a joint venture with CATL to work on power battery leasing business.

Dec. 6 , 2022
Gasgoo Daily: Foton Motor projects around 64% YoY decrease in H1 2022 net profit
Gasgoo Daily: Foton Motor projects around 64% YoY decrease in H1 2022 net profit

With Gasgoo Daily, we will offer daily important automotive news in China.

Jul. 14 , 2022
Foton Motor to issue 1.429 billion shares to controlling shareholder BAIC Group
Foton Motor to issue 1.429 billion shares to controlling shareholder BAIC Group

Chinese commercial vehicle maker Beiqi Foton Motor Co., Ltd. on April 2 issued a pre-plan for a non-public issuance of A shares, which is aimed at its controlling shareholder, BAIC Group, at a price of 2.1 yuan ($0.33) per share.

Apr. 6 , 2022
Foton Motor aims to sell 200,000 new energy CVs by 2025
Foton Motor aims to sell 200,000 new energy CVs by 2025

Beiqi Foton Motor Co., Ltd. (Foton Motor), Daimler’s Chinese truck venture partner, is ambitious to sell 200,000 new energy commercial vehicles (NECV) by 2025, a part of its all-new NEV strategy launched on November 16.

Nov. 18 , 2019
China’s UCAR to provide guarantee over shareholder loan offered by Foton Motor to Borgward
China’s UCAR to provide guarantee over shareholder loan offered by Foton Motor to Borgward

Beiqi Foton Motor Co., Ltd. (Foton Motor) said on December 28 that it has found a transferee who is willing to take over 67% stake in Beijing Borgward Automobile Co., Ltd (Beijing Borgward) for a value of RMB3.973 billion.

Dec. 29 , 2018
Foton Motor to transfer 67% stake in Borgward
Foton Motor to transfer 67% stake in Borgward

China-based automaker Beiqi Foton Motor Co., Ltd. (Foton Motor) announced that it plans to transfer the 67% stake in Beijing Borgward Automobile Co., Ltd (Beijing Borgward).

Oct. 9 , 2018