Articles Tagged with "AI"

GAC NIO said to complete pre-A round in second half of 2020
GAC NIO said to complete pre-A round in second half of 2020

GAC NIO New Energy Automotive Co.,Ltd (GAC NIO), a joint venture between GAC Group and NIO, will close its pre-A round of financing in the second half of the year, and the capital amount and investors have been basically determined.

Jul. 2 , 2020
Former Ford’s management talent named Commerce VP of Hyundai China
Former Ford’s management talent named Commerce VP of Hyundai China

Li Hongpeng, a former senior executive of Ford Motor, has been appointed as Vice President of Commerce of Hyundai Motor Group (China) Ltd., managing Hyundai’s China strategic planning and market expansion business.

Jun. 30 , 2020
Tesla said to move China user data to China from U.S.
Tesla said to move China user data to China from U.S.

Tesla will reportedly move the data and certification service of China users from the U.S. to China, Shanghai Securities News reported on June 23.

Jun. 24 , 2020
BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds
BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds

BAIC BJEV, BAIC Group’s NEV arm, plans to publicly issue corporate bonds with a principal amounting to not more than 3 billion yuan ($423,268,500), according to its parent company BAIC BluePark New Energy Technology Co.,Ltd.

Jun. 19 , 2020
Summary of Chinese mainstream automobile groups’ May sales
Summary of Chinese mainstream automobile groups’ May sales

Amid the general resilient milieu, quite a few mainstream automakers in China logged double-digit growth in their May sales, such as FAW Group, Dongfeng Motor, Changan, Geely Auto and JAC Motor.

Jun. 18 , 2020
Geely Auto likely to issue RMB shares, go public on Shanghai Sci-Tech Board
Geely Auto likely to issue RMB shares, go public on Shanghai Sci-Tech Board

Geely Automobile Holdings Limited announced on June 17 that its board of directors has approved a preliminary proposal for the possible issuance of RMB shares and listing on the Sci-Tech Board of the Shanghai Stock Exchange.

Jun. 18 , 2020