NEV | Jotup

Jiuzi Holdings Inc. Announces Pricing of $2.3 Million Registered Direct Offering

Retrieved on:

Lunedì, Luglio 17, 2023

Telephone, NEV, SEC filing, Sale, Prospectus, Form, Security (finance)

HANGZHOU, China, July 17, 2023 (GLOBE NEWSWIRE) -- Jiuzi Holdings, Inc. (NASDAQ: JZXN ; the "Company"), a leading new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China, today announced that it entered into a securities purchase agreement with certain institutional investors to purchase $2.3 million worth of its ordinary shares in a registered direct offering.

Key Points:

HANGZHOU, China, July 17, 2023 (GLOBE NEWSWIRE) -- Jiuzi Holdings, Inc. (NASDAQ: JZXN ; the "Company"), a leading new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China, today announced that it entered into a securities purchase agreement with certain institutional investors to purchase $2.3 million worth of its ordinary shares in a registered direct offering.
Under the terms of the securities purchase agreement, the Company has agreed to sell an aggregate of $2.3 million ordinary shares and/or pre-funded warrants in a registered direct offering.
The gross proceeds to the Company from the registered direct offering are estimated to be approximately $2.3 million, before deducting the placement agent's fees and other estimated offering expenses.
The offering is expected to close on or about July 19, 2023, subject to the satisfaction of customary closing conditions.

Jiuzi Holdings Inc. Announces 1-For-18 Reverse Share Split

Retrieved on:

Venerdì, Luglio 7, 2023

Exercise, NEV, Common stock, Second Amendment Foundation, OTC Bulletin Board, CUSIP, Security (finance)

Following the reverse share split, the Ordinary Shares will have a par value of $0.018 per share and will continue to trade on Nasdaq under the symbol “JZXN” with the new CUSIP number, G51400128.

Key Points:

Following the reverse share split, the Ordinary Shares will have a par value of $0.018 per share and will continue to trade on Nasdaq under the symbol “JZXN” with the new CUSIP number, G51400128.
The reverse share split is intended for the Company to regain compliance with the minimum bid price requirement of $1.00 per ordinary share for continued listing on Nasdaq.
Transhare Corporation is acting as the exchange agent and paying agent for the reverse share split.
Transhare Corporation will provide instructions to any shareholders with certificates regarding the process in connection with the exchange of pre-reverse share split share certificates for ownership in book-entry form or share certificates on a post-reverse share split basis.

Quhuo International Expedites Overseas Business Expansion: First New Energy Vehicle Export Collaboration Project Lands in Jordan.

Retrieved on:

Mercoledì, Luglio 5, 2023

Partnership, NEVS, GAC Group, NEV, Growth, Transport, CAAM, Drug, Renewable energy

BEIJING, July 5, 2023 /PRNewswire/ -- Quhuo International announced the successful implementation of its first business collaboration in Jordan.

Key Points:

BEIJING, July 5, 2023 /PRNewswire/ -- Quhuo International announced the successful implementation of its first business collaboration in Jordan.
Moreover, Quhuo International is also planning to establish a global vehicle trading platform to innovate the forms of vehicle transactions.
Through innovative transaction models, Quhuo International aims to bring forth more business opportunities and collaboration prospects for all stakeholders in the industry, fostering the development of international automotive trade.
Mr. Liang Bo, the General Manager of Quhuo International, believes, "This collaboration is not only our first project involving overseas countries since our establishment but also a crucial step in expanding our overseas business strategy.

Global Electric Car Batteries and Hydrogen Markets for Mass E-Mobility Analysis Report 2023: Start-ups Aim at Solving the Technological Challenges of EV Batteries - ResearchAndMarkets.com

Retrieved on:

Venerdì, Giugno 9, 2023

The "Future of Electric Car Batteries and Hydrogen for Mass E-Mobility" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Future of Electric Car Batteries and Hydrogen for Mass E-Mobility" report has been added to ResearchAndMarkets.com's offering.
This report examines the impact of technology and market forces to unveil the future of battery and hydrogen mobility.
China has recently published legislation obliging battery and EV manufacturers to recycle exhausted EV batteries at the end of their first life.
Electric car sales (BEV + PHEV) reached 1.7m, or 20.4% of the mix with HEVs accounting for 23.7%.

Cango Inc. Reports First Quarter 2023 Unaudited Financial Results

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Giovedì, Giugno 8, 2023

SHANGHAI, June 8, 2023 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results for the first quarter of 2023.

Key Points:

SHANGHAI, June 8, 2023 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results for the first quarter of 2023.
"Cango U-Car" APP was launched in January 2023, following the successful debut of the "Cango U-Car" mini program.
In the first quarter of 2023, our total revenues were recorded at RMB542.6 million, down 31% year-over-year, but up 11% quarter-over-quarter.
Mr. Yongyi Zhang, Chief Financial Officer of Cango, stated, "We had another steady quarter despite the volatile external environment.

GWM Holds a Global Car Festival to Upgrade Customer Experience

Retrieved on:

Martedì, Giugno 6, 2023

BAODING, China, June 6, 2023 /PRNewswire/ -- Recently, GWM has begun a global Car Festival in overseas markets to make full use of its dominant position in intelligent new energy vehicles (NEVs) and upgrade customer experience.

Key Points:

BAODING, China, June 6, 2023 /PRNewswire/ -- Recently, GWM has begun a global Car Festival in overseas markets to make full use of its dominant position in intelligent new energy vehicles (NEVs) and upgrade customer experience.
To meet the needs of consumers in different markets for environmental protection and technological configuration, GWM has successively launched HAVAL H6 HEV and HAVAL H6 PHEV.
GWM POER is a premium intelligent pickup produced by GWM, designed to integrate superior off-road performance, exceptional loading capacity and cutting-edge intelligent technology.
In the future, GWM will concentrate on the global brand action plan of "ONE GWM", leveraging the launch of intelligent NEVs to enhance consumer experience continuously, increase popularity, and provide high-quality, personalized mobility experiences for consumers worldwide.

GWM Holds a Global Car Festival to Upgrade Customer Experience

Retrieved on:

Martedì, Giugno 6, 2023

BAODING, China, June 6, 2023 /PRNewswire/ -- Recently, GWM has begun a global Car Festival in overseas markets to make full use of its dominant position in intelligent new energy vehicles (NEVs) and upgrade customer experience.

Key Points:

BAODING, China, June 6, 2023 /PRNewswire/ -- Recently, GWM has begun a global Car Festival in overseas markets to make full use of its dominant position in intelligent new energy vehicles (NEVs) and upgrade customer experience.
To meet the needs of consumers in different markets for environmental protection and technological configuration, GWM has successively launched HAVAL H6 HEV and HAVAL H6 PHEV.
GWM POER is a premium intelligent pickup produced by GWM, designed to integrate superior off-road performance, exceptional loading capacity and cutting-edge intelligent technology.
In the future, GWM will concentrate on the global brand action plan of "ONE GWM", leveraging the launch of intelligent NEVs to enhance consumer experience continuously, increase popularity, and provide high-quality, personalized mobility experiences for consumers worldwide.

Global Electric Car Batteries and Hydrogen Markets for Mass E-Mobility Analysis Report 2023 Featuring CATL, Everledger, Ford, IonQ, Jaguar Land Rover, QuantumScape, Solid Power, Tesla, Volvo, & VW

Retrieved on:

Venerdì, Giugno 2, 2023

DUBLIN, June 2, 2023 /PRNewswire/ -- The "Future of Electric Car Batteries and Hydrogen for Mass E-Mobility" report has been added to ResearchAndMarkets.com's offering.

Key Points:

DUBLIN, June 2, 2023 /PRNewswire/ -- The "Future of Electric Car Batteries and Hydrogen for Mass E-Mobility" report has been added to ResearchAndMarkets.com's offering.
This report examines the impact of technology and market forces to unveil the future of battery and hydrogen mobility.
Sodium is abundant, less expensive and the batteries are non-flammable, so CATL plans to ramp up production by 2023.
Electric car sales (BEV + PHEV) reached 1.7m, or 20.4% of the mix with HEVs accounting for 23.7%.

Cheche Technology Releases its Auto Insurance 2.0 EV Upgrade Solution Featuring the AI-Enabled Sky Dome Risk Management Platform

Retrieved on:

Giovedì, Giugno 1, 2023

("Cheche Technology" or the "Company"), China's leading auto insurance technology platform, announced the release of its EV 2.0 Upgrade Solution featuring the Sky Dome Risk Management Platform.

Key Points:

("Cheche Technology" or the "Company"), China's leading auto insurance technology platform, announced the release of its EV 2.0 Upgrade Solution featuring the Sky Dome Risk Management Platform.
After more than two years of research and development, Cheche's 2.0 Upgrade Solution is connected to more than ten leading insurance companies, including the People's Insurance Company of China, Ping An Insurance Group, and China Pacific Insurance.
It currently serves more than ten of the top NEV companies, including NIO, Li Auto, Xpeng, and JIDU.
The platform spans software-as-a-service (SaaS) systems, insurance company application programming interface ("API") integrated management, digital operations, and value-added services.

Changan Auto's Robust Growth Momentum Firmly Accelerates International Expansion

Retrieved on:

Venerdì, Maggio 12, 2023

Changan Automobile, Four (One Direction album), Travel, Independence, NEV, Policy, CIS, Commonwealth, RMB, Automotive industry

At the briefing, Changan Auto presented its 2022 annual performance, provided planning and strategic interpretation of company's future development.

Key Points:

At the briefing, Changan Auto presented its 2022 annual performance, provided planning and strategic interpretation of company's future development.
Changan Auto's sales volume in 2022 reached 2.346 million vehicles, a year-on-year increase of 2%, reaching a new high in five years.
Changan Auto achieved a net profit attributable to shareholders of RMB 7.798 billion in 2022, a year-on-year increase of 119.52%, with a continuous growth momentum in operational quality and an upward trend in value creation ability.
Looking forward, Changan Auto will accelerate the development of new energy vehicles, expand internationally, and firmly transform into an intelligent low-carbon travel technology company.