Automotive industry in China

Kandi Technologies Exits Geely Affiliation

Retrieved on:

Monday, March 15, 2021

Cars, Automotive industry in China, Motor vehicles, Kandi Technologies, Geely, Kandi, Maple, Geely Yuanjing X3

Jinhua, China, March 15, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the Company or Kandi) announced today that it exited its position in Fengsheng Automotive Technologies Group Co., Ltd (the Affiliate Company or Fengsheng).

Key Points:

Jinhua, China, March 15, 2021 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the Company or Kandi) announced today that it exited its position in Fengsheng Automotive Technologies Group Co., Ltd (the Affiliate Company or Fengsheng).
To formalize the exit, Kandis wholly owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles") completed an Equity Transfer Agreement (the Transfer Agreement) with Geely, in which Kandis 22% equity interest in Fengsheng was transferred to Geely in exchange for RMB 308 million (approximately $47.3 million) in cash.
To eliminate the impact of these losses on Kandi, our senior management-- authorized by the Board of Directors-- decided to transfer our ownership position to Geely.
Kandi conducts its primary business operations through its wholly-owned subsidiary, Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles") and its subsidiaries including Zhejiang Kandi Smart Battery Swap Technology Co., Ltd, SC Autosports, LLC (d/b/a Kandi America), the wholly-owned subsidiary of Kandi in the United States and Fengsheng Automobile Technology Group Co., Ltd (formerly known as Kandi Electric Vehicles Group Co., Ltd., the Affiliate Company).

2021 GAC MOTOR International Distributor Conference Was Conducted Online, Kicks off With Theme - "Together, Go Better"

Retrieved on:

Wednesday, February 24, 2021

GAC Group, Gac, Automotive industry in China, Companies, Automotive industry

GUANGZHOU, China, Feb. 24, 2021 /PRNewswire/ -- On 28th January, GAC MOTOR held a grand 2021 International Distributor Conference.

Key Points:

GUANGZHOU, China, Feb. 24, 2021 /PRNewswire/ -- On 28th January, GAC MOTOR held a grand 2021 International Distributor Conference.
To affirm and recognize outstanding performances by distributors, GAC MOTOR presented Al Jomaih Automotive Company the Outstanding Distributor Diamond Award.
During the conference, GAC MOTOR announced its plans for 2021 regarding all-round growth to empower the sales activity and ensure faster growth as GAC MOTOR partners with distributors worldwide.
2021 GAC MOTOR International Distributor Conference has showcased GAC MOTOR's ambitions and energy, rousing the confidence of all distributors and partners.

2021 GAC MOTOR International Distributor Conference Was Conducted Online, Kicks off With Theme - "Together, Go Better"

Retrieved on:

Wednesday, February 24, 2021

GAC Group, Gac, Automotive industry in China, Companies, Automotive industry

GUANGZHOU, China, Feb. 24, 2021 /PRNewswire/ -- On 28th January, GAC MOTOR held a grand 2021 International Distributor Conference.

Key Points:

GUANGZHOU, China, Feb. 24, 2021 /PRNewswire/ -- On 28th January, GAC MOTOR held a grand 2021 International Distributor Conference.
To affirm and recognize outstanding performances by distributors, GAC MOTOR presented Al Jomaih Automotive Company the Outstanding Distributor Diamond Award.
During the conference, GAC MOTOR announced its plans for 2021 regarding all-round growth to empower the sales activity and ensure faster growth as GAC MOTOR partners with distributors worldwide.
2021 GAC MOTOR International Distributor Conference has showcased GAC MOTOR's ambitions and energy, rousing the confidence of all distributors and partners.

Global and Chinese Automobile Chassis Industry (2021 to 2026) - Analysis of Key Manufacturers - ResearchAndMarkets.com

Retrieved on:

Tuesday, January 19, 2021

Automotive Manufacturing, Manufacturing, Other Automotive, General Automotive, Automotive, Automotive industry in China, Economy of China, Engines, Companies, Automotive industry

The "Global and Chinese Automobile Chassis Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Global and Chinese Automobile Chassis Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering.
This report is a professional and in-depth study on the current state of the global Automobile Chassis industry with a focus on the Chinese market.
Through statistical analysis, the report depicts the global and Chinese total market of Automobile Chassis industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.
Overall, the report provides an in-depth insight of the 2021 global and Chinese Automobile Chassis industry covering all important parameters.

Global and Chinese Automobile Transmission Industry (2021 to 2026) - Analysis of Key Manufacturers - ResearchAndMarkets.com

Retrieved on:

Thursday, January 14, 2021

Automotive Manufacturing, Manufacturing, Automotive industry in China, Economy of China

The "Global and Chinese Automobile Transmission Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Global and Chinese Automobile Transmission Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering.
This report is a professional and in-depth study on the current state of the global Automobile Transmission industry with a focus on the Chinese market.
Through statistical analysis, the report depicts the global and Chinese total market of Automobile Transmission industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.
Overall, the report provides an in-depth insight of the 2021 global and Chinese Automobile Transmission industry covering all important parameters.

Aurora Mobile Enters into Partnership with New Energy Vehicle provider Dongfeng Motor to Strengthen AI-based Smart Mobility Services

Retrieved on:

Thursday, December 31, 2020

Industries, Automotive industry in China, Companies, Dongfeng Motor Corporation, Dongfeng, Smart city, Motorola, Automotive industry, Smart mobility

SHENZHEN, China, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (Aurora Mobile or the Company), a leading mobile developer service provider in China, today announced that it has entered into a partnership agreement with new energy vehicle provider Dongfeng Motor Group Company Limited (Dongfeng Motor), to help DFGO, a comprehensive one-stop mobility service platform of Dongfeng Motor, to improve operational and service efficiency and optimize user experience in smart mobility.

Key Points:

SHENZHEN, China, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (Aurora Mobile or the Company), a leading mobile developer service provider in China, today announced that it has entered into a partnership agreement with new energy vehicle provider Dongfeng Motor Group Company Limited (Dongfeng Motor), to help DFGO, a comprehensive one-stop mobility service platform of Dongfeng Motor, to improve operational and service efficiency and optimize user experience in smart mobility.
As a part of Dongfeng Motors strategic transformation, DFGO is committed to becoming a leading service provider of smart mobility solutions to deeply and perfectly embed mobility services into smart city development.
Both parties are confident that this cooperation will lead to more growth opportunities in the smart mobility sector going forward.
This is the fourth major win for Aurora Mobile in the new energy vehicle/mobility sector after the global leading new energy vehicle manufacturer, WM Motor and Niu Technologies.

GAC MOTOR Affirmed Through Awards from Two Middle East Media Powerhouses, Boosting Its Reputation and Firepower for Future Development

Retrieved on:

Wednesday, December 30, 2020

Motor vehicles, Automotive industry in China, GAC Group, Automotive industry

With such strong affirmation of its brand, GAC MOTOR has experienced boosts in both its sales figures and reputation in the Middle Eastern market.

Key Points:

With such strong affirmation of its brand, GAC MOTOR has experienced boosts in both its sales figures and reputation in the Middle Eastern market.
Having invested strategically in the Middle Eastern market over the years, GAC MOTOR has built up a strong brand reputation through products of high-quality and technology.
As a result, GAC MOTOR has received accolades from authoritative media in the Middle East, one of which is the most influential professional automotive bodies-- Arabs Turbo.
Undoubtedly, the engine that is powering GAC MOTOR's growth in the Middle East has been the favorable feedback from media and car owners.

Journeying With Love - Heartfelt Stories of GAC MOTOR's Car Owners From Around The World

Retrieved on:

Wednesday, December 30, 2020

GAC Group, Automotive industry in China, Automotive industry, Motor vehicles

GUANGZHOU, China, Dec. 30, 2020 /PRNewswire/ -- GAC MOTOR recently released 4 touching stories of car owners on its channel, drawing widespread attention on social media.

Key Points:

GUANGZHOU, China, Dec. 30, 2020 /PRNewswire/ -- GAC MOTOR recently released 4 touching stories of car owners on its channel, drawing widespread attention on social media.
As viewers relate to the contents, strong feelings are stirred, reminding them to share love and communicate wonder to one another.
A university professor has fulfilled his long-time "cross-country dream", with the help of GAC MOTOR.
It is this favorable response from car owners all over the world, which drives GAC MOTOR to continue its steady development and progress.

Journeying With Love - Heartfelt Stories of GAC MOTOR's Car Owners From Around The World

Retrieved on:

Wednesday, December 30, 2020

GAC Group, Automotive industry in China, Automotive industry, Motor vehicles

GUANGZHOU, China, Dec. 29, 2020 /PRNewswire/ -- GAC MOTOR recently released 4 touching stories of car owners on its channel, drawing widespread attention on social media.

Key Points:

GUANGZHOU, China, Dec. 29, 2020 /PRNewswire/ -- GAC MOTOR recently released 4 touching stories of car owners on its channel, drawing widespread attention on social media.
As viewers relate to the contents, strong feelings are stirred, reminding them to share love and communicate wonder to one another.
A university professor has fulfilled his long-time "cross-country dream", with the help of GAC MOTOR.
It is this favorable response from car owners all over the world, which drives GAC MOTOR to continue its steady development and progress.

LIZHI INC. Announces Collaborations with Leading Chinese Automobile Manufacturers

Retrieved on:

Wednesday, December 23, 2020

GAC Group, Automotive industry in China, Aion, Companies, Gac, Manufacturing in China

GUANGZHOU, China, Dec. 23, 2020 (GLOBE NEWSWIRE) -- LIZHI INC. (LIZHI or the Company) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, today announced that it has entered into a cooperation agreement with a leading Chinese new energy automobile manufacturer, GAC AION New Energy Automobile (formally known as GAC New Energy) anda leading Chinese automobile manufacturer, GAC Motor, both wholly-owned subsidiaries of Guangzhou Automobile Group (GAC), to explore and collaborate on business opportunities in the in-car audio market.

Key Points:

GUANGZHOU, China, Dec. 23, 2020 (GLOBE NEWSWIRE) -- LIZHI INC. (LIZHI or the Company) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, today announced that it has entered into a cooperation agreement with a leading Chinese new energy automobile manufacturer, GAC AION New Energy Automobile (formally known as GAC New Energy) anda leading Chinese automobile manufacturer, GAC Motor, both wholly-owned subsidiaries of Guangzhou Automobile Group (GAC), to explore and collaborate on business opportunities in the in-car audio market.
LIZHI INC. is a leading online UGC audio community and interactive audio entertainment platform in China, with a mission to enable everyone to showcase vocal talent.
Since the launch of its Lizhi app in 2013, LIZHI has cultivated a vibrant and growing community encouraging audio content creation and sharing.
LIZHI envisions a global audio community a place where everyone can create, share and connect with each other through voices and across cultures.