Articles Tagged with "AI"

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
China gains two-digit growth in May auto outputs, sales
China gains two-digit growth in May auto outputs, sales

In May, China boasts double-digit year-on-year growth in both auto outputs and sales.

Jun. 11 , 2020
Toyota, Nissan, Mazda sustain growth in China deliveries: May 2020 update
Toyota, Nissan, Mazda sustain growth in China deliveries: May 2020 update

As China’s auto market posts rebound with the coronavirus abating there, Toyota, Nissan and Mazda’s China sales volumes continued to grow in May.

Jun. 10 , 2020
FAW Group once again obtains double-digit YoY sales growth
FAW Group once again obtains double-digit YoY sales growth

FAW Group output and sold 352,273 and 344,548 complete vehicles in May, up by 23.5% and 30.9% year on year respectively, versus the 20.4% growth in its April sales.

Jun. 10 , 2020