Articles Tagged with "AI"

BAIC BJEV, Senova to be combined into a new brand “Beijing”
BAIC BJEV, Senova to be combined into a new brand “Beijing”

BAIC BJEV and Senova, a new energy vehicle brand and a fuel-burning automobile marque owned by China’s stated-owned BAIC Group, will be merged into a new brand “Beijing” with an all-new logo, according to local media outlets.

Aug. 6 , 2019
Leapmotor to raise RMB360 million from Series A-2 fundraising
Leapmotor to raise RMB360 million from Series A-2 fundraising

Leapmotor is about to raise RMB360 million worth of capital from the Series A-2 round financing which is solely invested by Jinhua Zhongche Fund, Dahua Technology, one of major shareholders of Leapmotor, announced on July 29.

Aug. 5 , 2019
UCAR’s chairman Lu Zhengyao confirmed to chair Beijing Borgward
UCAR’s chairman Lu Zhengyao confirmed to chair Beijing Borgward

Wang Baiyin, former chairman of Beijing Borgward Automobile Co., Ltd (Beijing Borgward), has withdrawn from this position and was replaced by Lu Zhengyao, CEO and chairman of ride-hailing company and car retailer UCAR Group, according to Qichacha.

Jul. 31 , 2019
SAIC Motor ready to issue RMB20 billion worth of bonds to raise capital for R&D innovation
SAIC Motor ready to issue RMB20 billion worth of bonds to raise capital for R&D innovation

SAIC Motor is ready to apply for public issuance of RMB20 billion worth of bonds by means of shelf offering and the plan has been approved by the company’s board of directors and supervisory board, the China’s biggest auto group announced on July 19.

Jul. 24 , 2019
NEV startup ICONIQ qualified to produce EVs by obtaining stake in Tianqi Group’s subsidiary
NEV startup ICONIQ qualified to produce EVs by obtaining stake in Tianqi Group’s subsidiary

Tianjin-headquartered EV startup ICONIQ Motors has obtained the qualification to manufacture new energy vehicles (NEVs) by gaining equity interest in Tianjin Tianqi Group Meiya Automobile Manufactory Co.,Ltd (Tianqi Meiya).

Jul. 24 , 2019
Evergrande Health, Germany-based hofer AG to team up on integrated powertrain tech
Evergrande Health, Germany-based hofer AG to team up on integrated powertrain tech

Evergrande Health announced on July 24 that one of its wholly-owned subsidiaries has entered into an agreement with German powertrain supplier hofer Aktiengesellschaft to set up a joint venture in Germany.

Jul. 24 , 2019