Showing 12 of 32 posts with this tag
The latest addition to Chinese EV maker BYD's vehicle manufacturing operations will be officially opened at the Fuzhou Industrial Park on April 15th. The plant will mark the fifth of such plants in China.
Lehe Food Group Co., Ltd., a major catering supply chain company, completed its Series E financing totaling several hundred million yuan on Monday.
Liu Jincheng, the chairman of leading Chinese battery firm EVE Energy, predicted that there will be overcapacity across the whole battery chain in 2024 at the latest, and only battery products with high quality and low cost will be spared.
Wingtech, a manufacturing company that assembles smartphones and other consumer electronics, announced on Thursday that it has carried out a number of business cooperations with an overseas customer.
Wuhan BSG Technology Co., Ltd., a provider of intelligent manufacturing solutions, announced on Thursday that it has secured nearly 100 million yuan ($15.8 million) in A-round financing.
Chinese battery giant Contemporary Amperex Technology Co., Ltd. (CATL) held an investor communication meeting on Monday to respond to a range of concerns.
Chinese new retail enterprise KK Group, formerly known as KKguan, has recently completed a new round of financing worth approximately US$300 million.
During a telephone conference following the release of its second-quarter financial report on August 23, XPeng Motors said that it would speed up the pace of new product launches within a price range of 150,000 yuan to 500,000 yuan ($21,850 - $72,838).
Amid ongoing pandemic containment efforts, car companies in China are facing supply chain problems. He Xiaopeng, CEO of electric vehicle maker XPeng, expressed his worries on Thursday.
Shenzhen-based automotive firm BYD, which has recently faced reports of Warren Buffett's share reduction, released its latest sales data on September 2. In August, BYD's total sales reached a new high.
Chinese media outlet 36Kr reported today that recently, Laxcen Technology Inc., announced the completion of a new round of financing worth 170 million yuan ($26.58 million).
Shanghai lockdowns are having ripple effects on global supply chains, as factory workers and logistics personnel have been subjected to home quarantine and mass testing.