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  Weilai won an investment of US $1.1 billion!

  On June 20th, Xilai announced a share subscription agreement with CYVN Holdings, an Abu Dhabi investment agency. According to the agreement, CYVN Holdings will make a total strategic investment of about $1.1 billion to Wei through the transfer of new shares and old shares. It is understood that

  Investment Automotive Saudi Arabia companies growth funds Directors Li Bin Job hunting Investment institutions New Energy institutions Fields Abu Abu Dhabi 2023-06-21
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  Weilai urgent clarification!

  A rumor triggered a sharp change in the share price of Weilai. On the evening of Sept. 25, it was rumored that Xilai was considering raising about $3 billion (21.9 billion yuan) because of widening losses and had contacted investors from the Middle East. Financing is likely to take place in the first half of next year and negotiations are still under way. Receive

  Mobile phone investment company loss issuance bond announcement convertible stock price trading financing ordinary continuous product price 2023-09-26
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  Russia may take over Toyota plant in Russia

  Affected by previous Western sanctions on Russia and the escalation of the situation in Russia and Ukraine, including Renault, Toyota, Nissan and other manufacturers have withdrawn from the Russian market, resulting in the suspension of production in many local factories in a vacant state, but according to media reports, a number of automakers have entered their Russian factories

  Cars Russia Market Factory sales China Toyota Geely Brand Renault Group St. Peter St. Petersburg Manufacturing share 2023-03-18
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  Lose another 6.8 billion yuan! Evergrande laid off staff

  On the evening of August 25, Evergrande announced its interim results up to 2023 on the Hong Kong Stock Exchange. According to the financial report, Evergrande made a gross loss of 61 million yuan and a net loss of 6.873 billion yuan in the first half of 2023. Among them, the divestiture of real estate projects lost 1.061 billion yuan, asset disposal, capital

  Evergrande Automotive loss employees Business Real Estate companies projects China subsidiaries Strategies investors New Energy assets Zigong 2023-08-26
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  The market capitalization surpasses Mercedes-Benz! Porsche becomes the fifth car company in the world.

  On September 29, Porsche, a luxury car brand owned by the German Volkswagen Group, was officially listed on the Frankfurt Stock Exchange under the symbol P911. The opening price was 83.10 euros, which rose to 86.78 euros in intraday trading and finally closed at 82.58 euros per share. 1.6 lower than the opening price

  Porsche Volkswagen Euro Group Automotive Volkswagen Group Market Ferdinand Nande Global shares models do not brand 2022-09-30
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  Another car-building new force to enter the Middle East market!

  Following the European and Southeast Asian markets, the new power of Chinese car-making is accelerating the distribution of the Middle East market. On October 23, luxury smart electric vehicle brand BeyonCa announced through its official WeChat that on October 20, the company and Saudi Arabia-based investment group Al Faisaliah G

  Automobile Market Middle East China Cooperation Company Brand Strategy Power luxury Technology Electric Industry Limited Co. Ltd. 2023-10-23
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  The market share of Chinese brands is soaring! Beijing Automobile Factory may enter Russian Market

  The territory of Chinese car companies entering the Russian market is constantly expanding. Rolf, Russia's largest car dealer, and Chinese carmaker BAW have reached a preliminary agreement to sell the brand's passenger cars in St. Petersburg, the Russian News reported. Yes

  Car Russia Market Brand China sales Beijing Manufacturing Automobile Market Group share Brand car car St. Peter St. Petersburg 2023-02-09
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  500 million US dollars to renew the life of Evergrande! The big financier behind the bottom

  Following July 27, Evergrande announced the official resumption of trading, Evergrande yesterday ushered in good news, the successful introduction of Middle East capital, access to a glimmer of life. On August 14, Evergrande announced that it had received the first strategic investment of 500 million US dollars from Newton Group. At the same time, it said that in order to support the recovery of the New Energy Automobile Group,

  Automobile Evergrande Group Newton Nick Aikon Capital Strategy Investment Market Tianjin Company Product Enterprise founder 2023-08-15