EV Industry
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China's crowded EV making sector has a new player
With the launch of two electric vehicles, SiTech, also known as Xinte Auto, the electric vehicle brand that once partnered with FAW, is making a comeback.
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China's used car transactions up 46% year-over-year in first seven months
In July, China traded 1.459 million used vehicles, up 15.7 percent year-over-year.
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Chinese EV startup Aiways said to be considering US IPO as soon as this year
Aiways is working with underwriters to prepare for the IPO, which could raise about $300 million.
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China steps up regulation of smart car industry
As the smart car industry grows rapidly, China is also accelerating its regulatory policies.
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Pony.ai reportedly puts on hold plans for US IPO
Pony.ai, a Chinese self-driving startup backed by Nio and Toyota Motor, has put on hold plans to go public in the United States through a merger with a blank check company, Reuters said on Thursday, citing people familiar with the matter.
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KiWi EV goes on pre- sale, priced twice as much as Mini EV
The price is approximately double that of the SAIC-GM Wuling Hongguang Mini EV, which is priced at RMB 28,800 - RMB 43,600.
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What is grey market trading in HK?
Grey market trading refers to trading that is not in the open market but only by clients in the internal trading systems of certain brokerages.
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This is Mitsubishi's first EV model to be launched in China
The Airtrek is an electric 5-seat SUV that will go on sale within the year and will only be sold in Asia.
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China's July power battery installation volume at 11.3 GWh, up 125% year-over-year
In July, CATL had the highest installed base of 5.66 GWh, with a market share of 50.1 percent.
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China's July NEV sales up 164% year-over-year to 271,000 units, CAAM data show
In contrast, China's July auto sales declined 11.9 percent compared to the same month last year.
