Hozon Auto to Launch HK IPO in 2022
Chinese electric vehicle startup Hozon Auto may launch its IPO on the Hong Kong Exchange stock in the third and fourth quarters of 2022.
12/8/20212 min read
Tag: #automaker
Showing 12 of 117 posts with this tag
Chilean Court Suspends BYD's Lithium Extraction Contract
A Chilean court said that it had decided to accept the appeal and suspend the bidding for the national lithium mine issued two days ago, on the grounds that the bidding process was in doubt.
1/19/20222 min read
Evergrande Auto Grants 324 Million Share Options to Scientific Research Personnel, Accounting for 3.31% of Company's Issued Shares
The company has granted share options to certain independent, non-executive directors and some employees, including scientific research personnel, under its share option scheme that was adopted on June 6, 2018.
9/22/20212 min read
Volkswagen Group China Launches Battery System Plant in Eastern Province of Anhui
Volkswagen Group (China) published an article to its official website on Thursday, announcing that the company's battery system factory in Hefei, Anhui Province, has officially started construction.
9/24/20212 min read
"Huawei Does Not Make Cars" Founder Ren Zhengfei Reiterates
On March 31st, Huawei's founder and chairman Ren Zhengfei issued a signed statement reiterating that "Huawei does not make cars" with an effective period of five years.
BYD Builds First Zero-Carbon HQs Among Chinese Auto Firms
Shenzhen-based automotive firm BYD announced on August 11 that its Pingshan headquarters campus has reduced the equivalent of 245,681.89 tons of carbon dioxide, successfully creating the first zero-carbon campus headquarters for a Chinese automotive brand.
8/12/20222 min read
Qihoo 360 Technology: Uncertainties in Hozon Auto Investment
Qihoo 360 Technology issued a supplementary announcement on its investments saying that this investment needs to obtain the consent of relevant departments, which poses some uncertainty in the deal.
10/20/20212 min read
Two Smartphone Design Patents Leak for Auto Giant Geely
Hubei Xingji Times Technology Co., Ltd., which is affiliated with domestic auto giant Geely, has recently obtained authorization for two smartphone design patents.
4/27/20222 min read
CAAM Removes Clause About Car Companies Not Engaging in "Price Wars"
On the 8th, China Association of Automobile Manufacturers issued a statement on its official website stating that the previous commitment letter's mention of "disrupting market fair competition order with abnormal prices" involving "prices" was expressed improperly. Therefore, this clause has been removed from the commitment letter.
7/8/20233 min read
Buffett-Backed BYD Releases Strong 2020 Financial Results as New Energy Vehicle Sales Hits Record High in China
Chinese carmaker BYD unveiled its 2020 financial results on Monday with net profit jumping 162% year-on-year to 4.23 billion yuan ($643.72 million) thanks to a recovery of demand in the world’s largest automotive market.
3/31/20213 min read
Wuhan Government Seeking to Attract Xiaomi Auto Manufacturing Project
The Wuhan Municipal Bureau of Commerce responded the city had communicated with leading Chinese electronics firm Xiaomi, and is now in active negotiations with the company to promote the project's settlement in Wuhan.
8/12/20213 min read
Geely Chairman's Venture to Launch World's First Consumer Smartphone Connected to LEO Satellite
Hubei Xingji Technology Co., Ltd., a venture founded by automaker Geely's Chairman Eric Li, announced that it would promote low-earth-orbit satellite (LEO satellite) communication technology, launching the world's first consumer-grade smartphone directly connected to LEO satellites in the future.
9/6/20223 min read