Autos

Chongqing Sokon Plans to Invest USD300 Mln in High-End New Electric Vehicle Battery Project

Chongqing Sokon Plans to Invest USD300 Mln in High-End New Electric Vehicle Battery Project

Chongqing Sokon Industrial Group Co. [SHA:601127] will invest about CNY2 billion (USD300 million) to build a high-performance automotive power battery…

Dec 12, 2017
Xu Wei
Output, Sales of NEVs in China in First 11 Months Overtake Internal Combustion Machines

Output, Sales of NEVs in China in First 11 Months Overtake Internal Combustion Machines

January to November saw the production of new-energy vehicles (NEV) hitting 639,000 in China, with annual growth up to 50…

Dec 12, 2017
Xu Wei
SAIC Motor’s Thai JV Opens Factory For Production of MG Cars

SAIC Motor’s Thai JV Opens Factory For Production of MG Cars

State-run car firm SAIC Motor Corp. [SHA:600104] has commissioned a USD1 billion factory in Thailand through its joint venture with industrial giant Chia Tai Group Co.

Dec 11, 2017
Dou Shicong
Following in Tread Marks of Changan Auto, BAIC Says It Will End Infernal Combustion by 2025

Following in Tread Marks of Changan Auto, BAIC Says It Will End Infernal Combustion by 2025

China’s state-owned automobile group Beijing Automotive Group Co. (BAIC Group) will stop production and sales of traditional fossil-fueled passenger cars by 2025, announced Xu Heyi, its chairman.

Dec 11, 2017
Dou Shicong
BYD Will Build Plant in North Morocco Near Growing Port Area

BYD Will Build Plant in North Morocco Near Growing Port Area

BYD Company Limited, The Kingdom of Morocco, Set Up A Manufactory

Dec 11, 2017
Xu Wei
China EV Unicorn NIO May IPO in the Second Half of Next Year

China EV Unicorn NIO May IPO in the Second Half of Next Year

Chinese electric vehicle (EV) unicorn NIO has begun preparing to list publicly after it recently secured USD1 billion investment from internet titan Tencent Holdings Ltd. [HK:0700].

Dec 8, 2017
Qian Tongxin
GAC Group, Tech Firm iFlytek Will Develop Voice-Operated Smart Dashboards for Cars

GAC Group, Tech Firm iFlytek Will Develop Voice-Operated Smart Dashboards for Cars

China’s state-owned carmaker Guangzhou Automobile Group Co. (GAC Group) [SHA:601238] will work with tech firm iFlytek [SHE:002230] to develop voice-operated dashboard products for vehicles.

Dec 8, 2017
Dou Shicong
Ford Partners Alibaba to Redefine Car-Buying Experience in China

Ford Partners Alibaba to Redefine Car-Buying Experience in China

Ford Motor Co. [NYSE:F] has struck a deal with Chinese e-tail behemoth Alibaba Group Holding Ltd. [NYSE:BABA], which will see…

Dec 8, 2017
Liao Shumin
FF Grasps at USD1 Billion Investment as Jia Yueting Desperately Clings On

FF Grasps at USD1 Billion Investment as Jia Yueting Desperately Clings On

Jia Yueting’s team of lawyers signed an agreement with a Hong Kong-based investment institution on Dec. 1, per which Faraday & Future Inc. (FF) will gain an investment of over USD1 billion.

Dec 7, 2017
Liao Shumin
Beijing's Subsidies for New Energy Vehicles Surpass USD241 Million

Beijing's Subsidies for New Energy Vehicles Surpass USD241 Million

Since 2017, Beijing's financial subsidies for new energy vehicles (NEV) have exceeded CNY1.6 billion (USD241.8 million). As the subsidies are…

Dec 7, 2017
Dou Shicong
First Tesla Was Made in Taiwan, Foxconn Founder Says

First Tesla Was Made in Taiwan, Foxconn Founder Says

Tesla Inc. [NASDAQ:TSLA] made its first electric car in Taiwan, Terry Gou, founder and chief executive of Hon Hai Precision…

Dec 7, 2017
Dou Shicong
BYD Flounders in Japan, Sells Only 15 Electric Buses in Three Years

BYD Flounders in Japan, Sells Only 15 Electric Buses in Three Years

BYD Co. [SHE: 002594; HK:1211], the leading manufacturer of new energy vehicles in China, recently held a delivery ceremony for 10 K9 electric buses it delivered in Okinawa, Japan.

Dec 6, 2017
Dou Shicong

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