JAC April 2024 Production and Sales Report
Quick report on production and sales data of various products for April 2024
Golden Dragon Motor 2024 First Quarter Report (after correction)
Corrections to the “Jinlong Motor 2024 First Quarter Report”
Dongfeng is spending 60 billion dollars to increase new energy
Author | Cao Anxun One year after announcing the “Three-Year Action for Transformation and Upgrading” plan from 2023 to 2025, Dongfeng Motor once again increased the new energy track. On April 25, Dongfeng Motor's general manager Zhou Zhiping said that in the next three years, Dongfeng Motor will spend more than 60 billion yuan to launch 30 new new energy products for passenger cars and 14 new energy basic models for commercial vehicles. Another aspect of this increase is that Dongfeng Motor has experienced a continuous slump in overall sales and performance in recent years, and there is an urgent need to open up a breakthrough in the still vast new energy market to recover its “lost ground.” To this end, Zhou Zhiping proposed that this year, Dongfeng
New energy vehicle companies' March “report card”: BYD delivered more than 300,000, Cyrus sales increased 225.81% year-on-year
Aian and Questionnaire both delivered more than 30,000, followed by Ideal and Cyrus, and Xiaopeng and Nacha delivered less than 10,000.
Exploring the Celis Smart Factory
Author | Chai Xuchen Three months ago, the explosion of Qinjie's new M7 stirred up the entire 250,000 yuan market. So far, the order volume has exceeded 100,000 units. It marks that Huawei's smart car selection has completely conquered it, and it has become a phenomenal event. However, as a result, Cyrus, which has always been “inside”, was pushed into the spotlight by public opinion, and its stock price doubled. Next, how to handle this rapid influx of orders and deliver them has become a key challenge. Recently, during a visit to the Celis factory, the factory manager told Wall Street News that when the new M7 was released in early September, the factory produced the same month after receiving the order
Celis won't be abandoned by Huawei | Insight Research
What does the strong alliance between Huawei and Changan mean for Cyrus?
XPeng Leads Funding Round For Autonomous Vehicle Startup Zvision
07:22 PM EST, 01/11/2022 (MT Newswires) -- XPeng (HKG:9868) has led a pre-C funding round for Chinese startup Zvision Technologies, which develops LiDar sensors for autonomous vehicles and smart robo
Roshow Technology to Raise $454 Million For Semiconductor Project
07:38 PM EST, 11/24/2021 (MT Newswires) -- Roshow Technology (SHE:002617) will raise 2.94 billion yuan ($453.6 million) from the sale of shares in a private placement, proceeds of which will be used
Maoye Commercial to Get $15 Million Relocation Compensation
06:50 AM EST, 11/23/2021 (MT Newswires) -- Maoye Commercial (SHA:600828) will receive a 97 million yuan ($15.2 million) compensation after agreeing to a relocation. The department store operator wil
China’s Registered Vehicles to Hit 300 Million by End-2021
07:56 PM EST, 11/21/2021 (MT Newswires) -- The number of registered vehicles in China is estimated to reach more than 300 million by the end of the year, Xinhua News Agency reported Sunday, citing da
Chinese Car Brands Grow Domestic Market Share in October
06:50 PM EST, 11/21/2021 (MT Newswires) -- The domestic market share of China's passenger car brands widened to 47.5% in October from 41.3% a year earlier, Xinhua News Agency reported Sunday, citing
Dongfeng Motor Arm Launches New Luxury Electric Multi-Purpose Vehicle
09:38 PM EST, 11/18/2021 (MT Newswires) -- Dongfeng Motor Group (HKG:0489, SHA:600006) unit Voyah Motor Science and Technology rolled out a broad-scale luxury electric multi-purpose vehicle, accordin
Mercedes-Benz, Volkswagen, Volvo to Recall Cars in China
01:16 AM EST, 11/15/2021 (MT Newswires) -- Daimler-owned Mercedes-Benz, Volkswagen and Geely Automobile Holdings (HKG:0175) affiliate Volvo Cars will recall a number of vehicles from the Chinese mark
Dongfeng Motor's Vehicle Output, Sales Slump in October
12:39 AM EDT, 11/05/2021 (MT Newswires) -- Dongfeng Motor Group's (HKG:0489, SHA:600006) vehicle sales and output dropped in October from a year ago, according to a Thursday bourse filing. Vehicles
Lawn Services Firm Sino Prima Gas Issues $216 Million Renminbi Convertible Bonds
11:28 PM EDT, 10/28/2021 (MT Newswires) -- Sino Prima Gas Technology (SHE:300483) has issued 1.37 billion yuan ($215.8 million) renminbi-denominated convertible bonds due in six years, according to a
Ford-Backed JMC’s Q3 Profit Skids 52% on Increased Costs; Shares Slide 3%
01:54 AM EDT, 10/28/2021 (MT Newswires) -- Jiangling Motors or JMC (SHE:000550, SHE:200550) posted a 52.1% annual drop in profit in the third quarter of the year on increased spending, while revenue
Dongfeng Motor to Issue Nearly $842 Million of Euro-Denominated Bonds to Pay Debts; Shares Jump 5%
02:36 AM EDT, 10/15/2021 (MT Newswires) -- Dongfeng Motor Group (HKG:0489, SHA:600006) is set to sell 725 million euros ($841.5 million) worth of 0.425% bonds due in 2024 through subsidiary Dongfeng
Honda to Debut New EV Brand in China in 2021 With Dongfeng, GAC
10:05 PM EDT, 10/13/2021 (MT Newswires) -- Honda Motor (TYO:7267) will launch a new electric-vehicle (EV) brand called e:N Series in China next year as the company plans to go all-electric in the worl