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  The latest situation has been revealed! PSA/FCA is not a merger, the real purpose is anti-takeover.

  With the gradual shrinkage of the automobile market in recent years and the increasingly fierce competition, many automobile companies began to seek strategic cooperation of "huddling". For example, PSA Collective and FCA Group announced as early as last year that they would merge. However, there is news recently that the two companies are not merged, but acquired by the acquirer PSA Group.

  PSA 2020-11-27
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  Do you remember Future car? The parent company is going public.

  Beijing Great Wall Huaguan Automotive Technology Co., Ltd. (hereinafter referred to as "Great Wall Huaguan") and SPAC (special purpose acquisition company) Mountain Crest Acquisition Corp. Sign a formal merger agreement, which is expected to be completed by the end of 2022

  Car Future Great Wall Huaguan Company Market time ideal goal New Energy purpose Investment advantage Power employee 2022-05-03
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  Update on lifting the ban on pickups! 2019 NDRC document: encourage some cities to speed up the lifting of restrictions on pickup trucks entering cities

  As new car sales in China's auto market continue to decline, the demand for traditional passenger cars (cars, SUV, MPV) is declining, and pickup models, which have been neglected, are expected to usher in an explosive period. On June 6, the National Development and Reform Commission and other three ministries jointly issued the "implementation Plan for promoting the Renewal and upgrading of key Consumer goods and the Recycling of Resources (2019-2020)". In addition to gradually abolishing the purchase restrictions to promote automobile consumption, the further lifting of the ban on pickup models has also been included in the key projects of the reform. In the implementation plan, it is clearly stated that cities at the prefecture level and below with conditions are encouraged to speed up the lifting of restrictions on the entry of pick-up trucks to cities, so as to give full play to the dual-use function of pick-up trucks. ...

  2019 pickup truck 2019-06-07
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  Li Bin responded to the 10 billion investment purpose, Yizhuang Guotou will hold non-controlling shareholders' interests in China.

  On May 28, 2019, Weilai signed a framework cooperation agreement with Yizhuang International Investment and Development Co., Ltd. (Yizhuang Guotou). According to the agreement, Yizhuang Guotou and Weilai will set up a new entity "Weilai China" in Beijing Economic and technological Development Zone and inject specific business and assets into "Weilai China". Yizhuang Guotou will contribute RMB 10 billion in cash to "Weilai China" through its designated investment company or in conjunction with other investors. In order to obtain the non-controlling shareholder interest of "Weilai China" for the cooperation and 10 billion use of Weilai and Yizhuang Guotou at this stage, Li Bin, founder and CEO of Weilai, yesterday.

  Cars electric investment euros research and development 2019-06-04
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  All of a sudden! FAW-Volkswagen, Chery and Jianghuai were publicly named by the Ministry of Industry and Information Technology.

  On January 18, the Ministry of Industry and Information Technology announced the results of the recently organized supervision and inspection of production consistency. In the supervision and inspection of four categories of traditional automobile products, such as trucks, special-purpose vehicles, trailers and passenger vehicles, 24 models of 24 enterprises have the problem of production consistency. Among them, three enterprises are involved in traditional passenger cars with a total of three types of products, involving internal rearview mirrors, seat headrests, hydraulic brake hoses and other manufacturing enterprise names are not consistent with the "announcement" filing parameters, do not meet the "announcement" management requirements. The three car companies are Jianghuai Automobile, FAW-Volkswagen and Chery Automobile, and the three products are 2019 Jianghuai.

  Ministry of Industry and Information Technology FAW-Volkswagen 2021-01-18
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  Jia Yueting announced the countdown to FF91 delivery: when will you return home?

  Jia Yueting, founder of Faraday Future, posted on Weibo on March 27: "FF has received another US $100m in loans before going public. The new financing will help FF start production preparations at the Hanford plant ahead of time, enter the countdown to FF 91 delivery, and accelerate the landing of FF's business in China." Faraday Future announced on March 26th that it had raised nearly $100m in debt financing, led by a credit group managed by Ares Management Corporation and joined by existing lenders such as Birch Lake.

  Jia Yueting 2021-03-27
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  "budget carefully" to develop electrification, Lai may sell FE fleet

  Recently, there are foreign media reports that Weilai intends to sell its FE (Electric Formula) team, and Lisheng Racing may become the new strategic investor of FE team. If the deal succeeds, Weilai will no longer be the owner of the FE team, but will support next season's race as a sponsor. For a car company, the purpose of investing a lot of money in world-class motorsports is nothing more than two: one is to highlight its top technical achievements in all aspects of the automotive field, and the other is to strive for ranking in the race. to establish a high-end brand image for car companies. For Xilai, the purpose of its investment in the FE fleet is the same. And.

  Electric Wei Lai electric 2019-08-01
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  29000 cars were sold in the whole year, and Star cars were listed backdoor.

  On June 24th, Polestar, a Swedish brand of new energy vehicles, was listed on Nasdaq in the United States under the stock code "PSNY". It is worth mentioning that Polar Star reached this meeting through a merger with SPAC (Gores Guggenheim).

  Wall Volvo cars markets sales China companies brands Tesse Tesla models Geely new energy targets products 2022-06-25
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  Suffocate for the dream! Faraday will be listed on Nasdaq in the future.

  On June 25th, Faraday Future (Faraday Future) officially announced that the Securities and Exchange Commission (SEC) approved the joint listing plan of Faraday Future (Faraday Future) and Property Solutions Acquisition Corp. (PSAC). It is understood that shareholders of PSAC will hold a meeting on July 20, 2021 to approve the formal merger with Faraday Future by shareholder vote. After obtaining the approval of PSAC shareholders and complying with other practices, the terms of deal.

  The future of Faraday 2021-06-26
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  It's true! Xiaopeng car will go to heaven at the end of the year.

  He Xiaopeng, CEO of Xiaopeng, said on the CCTV "meet Big Bigs" program that he Xiaopeng will be able to ride in a flying car by the end of 2021 and will see that China's ultra-low-altitude or low-altitude areas will be open to civilian use in the next few years. He Xiaopeng said that Xiaopeng is making a coupling product of flight and car. This kind of flying car is the same size as an ordinary car and can take off and land vertically in a parking space, which many people think is impossible. Today, Xiaopeng has been exploring the field of flying cars for seven years and has conducted tens of thousands of safe manned flight tests. This is a brand-new field, there is no plan that can be used for reference, we are also feeling the stone.

  Xiaopeng automobile 2021-03-23
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  Awesome! GAC Ean has just finished building a supercar and is going to build a flying car.

  On Oct. 9, Guangzhou Automobile Eian Aion released a trailer for the AION Shenyan aircraft via its official Weibo, with the caption: Eian is going to build a flying car? Please look forward to it! Judging from the trailer picture released, the aircraft is named SP200001. As soon as the blog post was released, it also made many netizens speculate that Ean would

  Automobiles flights fields products brands brand new layout science and technology aerospace problems Xiaopeng dual-use cities many official 2022-10-10
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  The "Chinese character button" in the car was scolded! BYD executives: the car buttons for export also carry Chinese.

  Recently, at the 2021 China Automobile Forum, Li Yunfei, general manager of BYD's passenger car brand and public relations department, said, "We are Chinese brands, we want generous Chinese brands, and the cars we sell abroad are all Qin, Tang, Song, Yuan and Han dynasties." if we want to learn English, why can't foreigners learn English? All the buttons used by BYD abroad are in Chinese. Netizens have put forward their own views on this. Some netizens said, "BYD does not want to re-mold the exported cars to save costs, so it directly uses the Chinese button." Some netizens also expressed support for BYD's approach, "what's wrong with Chinese characters, tie Muyang."

  BYD 2021-06-20
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  Profits have declined for two years in a row, and Changan Mazda has listed shares to raise funds.

  It is learned from the Beijing property right Exchange that the capital increase project of Changan Mazda Automobile Co., Ltd. has been officially disclosed. According to the project announcement, after the completion of the capital increase project of Changan Mazda Automobile Co., Ltd., the shares held by the new investors shall not exceed 5% (inclusive), and the total shareholding proportion of the original shareholders shall not be less than 95% (inclusive); the proposed new registered capital is 5.8404 million US dollars, and all the funds raised in excess of the new registered capital shall be included in the capital reserve and shall be shared by both new and old shareholders according to the proportion of their shareholdings. The purpose of raising funds is to "improve business quality, improve and optimize industrial layout, and enhance the competitiveness of enterprises." In view of this capital increase.

  Mazda 2021-06-22
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  2019 pick-up truck policy lifting area, Shandong Jinan pickup truck has been lifted and no longer traffic restrictions

  Lifting the ban on pick-up trucks has always been a policy that many car fans and consumers hope to implement. Due to being put into the scope of truck attribute management, the passage of pick-up trucks in China has been greatly restricted for many years, resulting in small and unpopular sales. The development of pick-up trucks has also been hindered repeatedly. Therefore, the news of the lifting of the ban on pickups will greatly promote the upgrading and development of the pickup market, especially the Chinese car market has entered a stage of decline in sales, and the relaxation of pickup models is also conducive to the maturity of the automobile market. In early June this year, the National Development and Reform Commission and other departments jointly issued the implementation Plan for promoting the Renewal and upgrading of key Consumer goods and the Recycling of Resources, which made it clear that "conditional land should be encouraged.

  2019 pickup truck Jinan 2019-06-22
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  Li Shufu has another car company listed in the United States!

  On January 31st, Lutes Technology announced that it had reached a final merger agreement with special purpose acquisition company L Catterton Asia Acquisition Corp (hereinafter referred to as LCAA), which is expected to complete the merger in the second half of 2023. According to the merger and acquisition agreement

  Tex Geely Brand Proton Automotive Intelligence Technology models Luter Market West Asia Malay Malaysia Holdings Code 2023-02-02
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  It should be! People's net commented that Xiaopeng was fined 100000 yuan for illegally collecting human faces.

  A few days ago, Xiaopeng was fined 100000 yuan for "illegally collecting face data", causing a heated discussion in the market. According to the survey, from January to June this year, Shanghai Xiaopeng Automobile sales and Service Co., Ltd. (hereinafter referred to as Xiaopeng Automobile) collected and uploaded a total of 431623 face photos, involving five direct stores and two franchise stores. This act violates the law on the protection of consumers' rights and interests without the consent of consumers, nor does it express or inform consumers of the purpose of collection and use. In response to this incident, the people's Daily published an article entitled "Xiaopeng car was punished for collecting face data". ". In the commentary, the people's Daily pointed out, "this is not a simple number, but a number."

  Xiaopeng automobile 2021-12-17
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  You don't cover the car sign? Traffic Public Service Advertising uses Honda as a negative example

  A few days ago, a CCTV public service advertisement became popular in the car circle. in the advertisement, the owner drove a suspected Honda Accord car into the road and ran from side to side. As a result, he failed to detect drunk driving when he was overtaken by the traffic police. he was fined 50 yuan for running into the driveway and making phone calls while driving. The purpose of the advertisement is to advise car owners to be safe when driving and not to run back and forth on the road and make phone calls. However, there is no mosaic on the car logo in the advertisement, as if to tell the audience that Honda has violated the rules and regulations. I wonder if this is intentional or unintentional.

  Car Honda 2019-02-22
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  Faraday's Future Jia Yueting: it is necessary to return to China

  On the morning of July 22nd, Faraday Future officially listed on the NASDAQ Stock Exchange and held a bell-ringing ceremony to begin official public trading under the stock code "FFIE". It is worth noting that although Jia Yueting, the future founder of Faraday, also came to the Nasdaq Stock Exchange, he did not appear on the bell-ringing platform, but watched the arrival of this moment offline. Faraday's future listing for Jia Yueting, perhaps the greatest significance is to ease the financial pressure. Jia Yueting said in an interview with China Business News that Faraday's future listing intention.

  The future of Faraday 2021-07-23
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  432 new energy models are no longer exempt from purchase tax, of which 358 are pure electric models.

  Recently, the Ministry of Industry and Information Technology announced the abolition of the purchase tax on new energy vehicles. After the release in July 2018 and September 2018 respectively, a total of 432 models have no production or import within 12 months and are proposed to be withdrawn. Of the 432 new energy vehicles cancelled this time, 358 are pure electric vehicles, accounting for more than 80%. Including the following 48 new energy passenger models. It is reported that the main purpose of abolishing the purchase tax exemption is to regulate new energy models, which involve vehicles that are mostly non-mass-produced or imported. Industry insiders said that withdrawing from the tax-free catalogue will not affect consumers' purchase of new energy models. When the car company declares, based on.

  New energy models are no longer exempt from purchase tax pure electric purchase tax 2019-09-25
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  Hyundai Kia invests in Indian ride-hailing platform Ola with a total investment of 300 million US dollars.

  According to foreign media reports, Hyundai, together with Kia, has invested $300m (about 2 billion yuan) in Indian ride-hailing platform Ola. According to related sources, the deal values Ola at about $6 billion. Under the agreement, Hyundai, Kia and Ola will work together to develop fleet and mobile solutions and build India's unique electric vehicles and infrastructure. The purpose of its investment is to catch up in the global competition for investment in new mobile travel. This is also another big investment made by modern Kia Union in the field of travel. It is understood that in January last year, Hyundai Motor shared the ride platform Gr... to Southeast Asia.

  Investment 2019-03-19