Company Registration
Xpeng sets up new firm in Hainan with business scope including AI software development
Xpeng fell more than 8 percent to HK$152.4 at press time amid a widespread sell-off in Hong Kong stocks. Hong Kong's Hang Seng Index fell 3.5 percent, while the Hang Seng Technology Index dropped 6 percent.
BYD sets up new firm in Shenyang, with business scope including battery sales
BYD established a new company in Shenyang, North China's Liaoning province on Wednesday, following the establishment of a new company in Hefei, Anhui province on July 12.
BYD sets up new firm in Hefei, with registered capital of $154 million
In addition to Nio, the central Chinese city of Hefei is attracting more car companies to set up operations there.
Xpeng establishes car sales company in Sanya
Xpeng Motors established a new car sales company in Sanya, Hainan Province, southern China, on July 7, with registered capital of RMB 10 million ($1.55 million), according to data provider Qichacha.
Nio launches smart driving company in Hefei, increases presence in city that saved it in 2020
The city of Hefei in central China saved Nio from the brink of death early last year, after which the company shifted a lot of its business to the region. Now, it's setting up a new company there.
Xpeng establishes new company, 13th this year
These moves come as the company increases its presence in China. This year alone, Xpeng has set up 13 new companies in China, mostly car sales companies.
Nio establishes new company in Hefei, with registered capital of about $78.5 million
The establishment of the new company in Hefei will facilitate Nio's local operations, including recruitment and research and development. It is also the latest move by the company to increase its bet in Hefei.
Nio's motor making arm establishes new firm in Anhui with $100 million in registered capital
Nio President Qin Lihong said that people should not simply understand XPT as a factory of Nio, but it is actually an independent company.
Nio cancels affiliate firm with registered capital of about $200 million
The company was established in December 2017, and its legal representative was Qin Lihong, co-founder and president of Nio.
Li Auto establishes new company in Shanghai with RMB 1 billion registered capital
The company's scope of operations includes technology services and development within the fields of automotive technology, cloud platform technology, and big data technology.
