Autos

China's Haiyuan to Make Carbon Fiber for Ultra-Light NEVs in Zhejiang

China's Haiyuan to Make Carbon Fiber for Ultra-Light NEVs in Zhejiang

Chinese composites firm Haiyuan New Material Technology will construct a carbon fiber production base in eastern Zhejiang province to develop ultra-light materials for new energy vehicles.

Oct 19, 2018
Tang Shihua
Evergrande Turns the Other Cheek, Joins Faraday to Set Up Beijing Office

Evergrande Turns the Other Cheek, Joins Faraday to Set Up Beijing Office

Evergrande Faraday has established a unit in Beijing that signals the healthcare management partner's commitment to Faraday Future's cause of…

Oct 19, 2018
Zhang Yushuo
SAIC-Audi Partnership Talks Are in Their Last Leg, Audi Director Says

SAIC-Audi Partnership Talks Are in Their Last Leg, Audi Director Says

Next will be final confirmation of some issues, with specific details still needing further consideration, Alexander Seitz, a director…

Oct 18, 2018
Wu Ziye
New Sea, Gold Cup Team Up to Build NEV Batteries

New Sea, Gold Cup Team Up to Build NEV Batteries

New Sea, Gold Cup Team Up to Build NEV Batteries. New Sea Union Technology, which makes telecoms equipment, plans to…

Oct 18, 2018
Tang Shihua
GoFun Is on Brink of Being First Profitable Car-Sharing Firm, CFO Says

GoFun Is on Brink of Being First Profitable Car-Sharing Firm, CFO Says

GoFun Is on Brink of Being First Profitable Car-Sharing Firm, CFO Says. Chinese car-sharing provider is a stone’s throw from…

Oct 18, 2018
Zhang Yushuo
Renault-Brilliance to Launch Three Electric Van Models in China Within Two Years

Renault-Brilliance to Launch Three Electric Van Models in China Within Two Years

French carmaker Renault has inked a deal with a Chinese partner to launch three electric light commercial vehicles within the next two years.

Oct 18, 2018
Xu Wei
Foton Motor to Sell Off Stake in Iconic German Brand for USD563 Million

Foton Motor to Sell Off Stake in Iconic German Brand for USD563 Million

Foton Motor will sell off a 67 percent stake in wholly-owned unit Brogward Automobile, the classic German auto brand that it revived in 2014, for CNY3.9 billion (USD563 million).

Oct 18, 2018
Tang Shihua
Chinese Online Car Retailer Chehaoduo Raises USD162 Million in C+ Round

Chinese Online Car Retailer Chehaoduo Raises USD162 Million in C+ Round

Chehaoduo Group has secured USD162 million in C+ round financing bringing the Chinese online auto retailer’s valuation to USD6.6 billion.

Oct 17, 2018
Xu Wei
BMW Strikes Fear Into China’s Auto Stocks With Plan to Take Majority Stake in JV

BMW Strikes Fear Into China’s Auto Stocks With Plan to Take Majority Stake in JV

BMW’s decision to become the first foreign carmaker to take a majority stake in its Chinese joint venture has sent…

Oct 16, 2018
Zhang Yushuo
Dongfeng Renault Taps Yinlun Machinery for Oil Cooler Supply in China

Dongfeng Renault Taps Yinlun Machinery for Oil Cooler Supply in China

Chinese-French automobile joint venture Dongfeng Renault Automobile has selected domestic industrial engineering company Yinlun Machinery to supply oil coolers in their car engines from 2020.

Oct 15, 2018
Tang Shihua
China’s Car Sales Slump Most in Almost Seven Years Amid Weakening Annual Outlook

China’s Car Sales Slump Most in Almost Seven Years Amid Weakening Annual Outlook

Sales of cars in China, the world’s biggest auto market, fell the most in nearly seven years in September, posting…

Oct 15, 2018
Yu Liyan
N. China City to Buy 300 Buses With Fuel Cells From Xiongtao Industry Unit

N. China City to Buy 300 Buses With Fuel Cells From Xiongtao Industry Unit

Datong in China’s northern Shanxi province, a gritty city known as the ‘coal capital,’ will buy 300 fuel cell buses…

Oct 12, 2018
Tang Shihua

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