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  The State Council: optimize the policy of foreign investment, and new energy vehicles enjoy the same market treatment.

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  The State Council foreign investment 2019-11-07
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  National Development and Reform Commission: formally liberalize the restrictions on the stock ratio of foreign investors in passenger car manufacturing

  On December 27, 2021, the National Development and Reform Commission and the Ministry of Commerce issued the Special Management measures for Foreign Investment access (negative list) (2021 edition) and the Free Trade pilot Zone (negative list) (2021 edition). Starting from January 1, 2022, China will abolish the restriction of foreign equity ratio in passenger car manufacturing and the establishment of only two or less car enterprises by the same foreign businessman.

  Formally relax the restrictions on the share ratio of joint ventures in passenger car manufacturing 2021-12-28
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  Restructuring South American operations General Motors invested heavily in its Brazilian auto plant

  According to foreign media reports, General Motors will invest in two car plants in Brazil, with an investment of up to 10 billion riels (about US $2.7 billion). In the next five years, GM will produce several new models through the two factories and sell them in South America. GM did not disclose the number of future models, which is not expected to be released until between 2020 and 2024. According to foreign media, GM's investment will retain about 15000 jobs at its two plants in Brazil, but it is not clear whether GM will create jobs in the region where the plant is located in the future. It is understood that General Motors for many years.

  Automobile General Motors General Motors 2019-03-20
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  Evergrande spent money again, working with five foreign companies to develop 15 cars, including top luxury cars.

  On September 25, Evergrande New Energy Automobile Group announced its strategic cooperation with five automotive engineering enterprises on R & D and design, and signed a cooperation agreement. The price companies are FEV of Germany, EDAG of Germany, IAV of Germany, AVL of Austria and MAGNA of Canada (Magna). The agreement is to jointly develop 15 new energy models, covering a full range of products such as top, super-luxury, comfort, classic and so on. Five foreign companies cover chassis, body-in-white, powertrain, electronics, vehicle integration, body interior and exterior decoration and other vehicle R & D business. This time, Evergrande spent money on technology again. No.

  Evergrande new energy vehicles Hengchi car prices 2019-09-26
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  BMW announces completion of joint venture stock holding brilliance BMW 75%

  Germany's BMW officially announced that its joint venture brilliance BMW in China has obtained a new license, BMW's stake in brilliance has been officially increased from 50% to 75%, and partner brilliance continues to own 25% of brilliance BMW. BMW spent 3.7 billion euros to acquire a 25% stake, and BMW said it would complete the payment by Feb. 22, and from Feb. 11, BMW's interest in the company will be included in BMW's financial statements. the partnership agreement between the two sides will be extended to 2040.

  BMW announces completion of joint venture stock holding brilliance BMW 75% 2022-02-12
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  Foreign media: Kia may shut down the first factory of its joint venture in China

  After Hyundai closed its first factory in Beijing, Kia may also have to withdraw a factory in China temporarily because of Hyundai's sluggish sales in China. South Korea's Kia may suspend operations at its first plant in China as part of the company's long-term efforts to improve competitiveness, Reuters reported Monday. Kia subsequently issued a statement saying that the company is currently reviewing a number of plans to enhance its production and sales competitiveness in the Chinese market. Dongfeng Yueda Kia was established in 2002, jointly invested by Dongfeng Group, Jiangsu Yueda Investment Co., Ltd., and Kia Automotive Co., Ltd.

  2019-03-11
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  SAIC, the largest listed automobile company in China, only accounts for 1.7% of the total revenue.

  As the largest listed automobile company in China, SAIC Group accounts for only 1.71% of the total revenue every year. According to SAIC's financial report data, the company achieved annual revenue of 902.2 billion yuan in 2018, with a net profit of 36 billion yuan belonging to listed companies. In 2018, the group's R & D expenditure was 15.39 billion yuan, an increase of 18.29% over the same period last year, accounting for about 1.71% of the total revenue. Compared with the major foreign automobile companies, there is a large gap in R & D investment. BMW achieved revenue of 97.48 billion euros and net profit of 9.815 billion euros in 2018, while R & D investment was 68.9.

  Automobile revenue SAIC listing R & D 2019-06-09
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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
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  Volkswagen shut down production at two factories affected by the war

  Prior to the ​, US President Joe Biden repeatedly warned that Russia would wage war against Ukraine and gave a specific time. Although the start of the war was delayed, Russia officially invaded Ukraine on February 24, 2022. At present, although the two sides of the war have given some war damage data, but because the information is not transparent, it is not possible for the outside world to fully assess the situation of the war, but the war has posed a serious threat to the local political situation, the security and daily life of the local people. Recently, street fighting broke out in Kiev, the capital of Ukraine, and Ukraine directly issued weapons to ordinary people to participate in the war.

  Affected by the war some Volkswagen factories shut down. 2022-02-28
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  GM and Amazon plan to invest in electric pickup company Rivian

  Recently, according to foreign media reports, General Motors and Amazon are planning to invest in electric pickup maker Rivian. The results of the investment are expected to be announced within February, according to industry insiders, there are still many uncertainties in the investment. If GM and Amazon succeed in the investment, the company's market value will increase by at least $1 billion in an instant, and the investor will also get a stake in the company. According to GM's previous email statement, it expressed its admiration for Rivian's contribution to creating a pollution-free, all-electric future. Judging from the current negotiation process between the two sides, GM and Amazon are still investing in this time.

  General Amazon Electric 2019-02-13
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  Invest 3.2 billion to transform the factory! Nissan's two pure electric models are exposed.

  According to foreign media reports, Nissan said on February 17 that it would invest $500m (3.2 billion yuan) to renovate its plant in Canton, Mississippi, which is expected to be completed in 2025. After the transformation, Nissan will start producing two new electric vehicles at the plant from 2025, one of which is a Nissan-branded model and the other is an Infiniti model of Nissan's high-end brand. Nissan will achieve its goal of selling 40% of its total US sales of electric vehicles by 2030. It is understood that Nissan is located in Mississippi.

  Nissan Automobile 2022-02-19
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  Car companies such as Tesla and BYD are interested in building a super lithium-ion battery factory in India.

  It is reported that although Tesla has not yet entered the Indian car market, he intends to set up a battery factory in India. In addition, the BYD and Ningde times have also shown a lot of interest in building factories in India. The Indian government plans to build six large factories that can produce thousands of megawatts of lithium-ion batteries a year, just like Tesla's No. 1 super factory in Nevada. Battery capacity per gigawatt hour can power 1 million homes for an hour, or power about 30, 000 electric vehicles. To reduce dependence on overseas crude oil, save money, and control urban pollution, India plans to invest 50. 5%.

  Factory Tesla BYD 2019-08-20
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  Baiteng issued an independent operation announcement, saying that "FAW's excessive intervention" was groundless.

  A few days ago, some media reported that Bi Fukang, the former Baiteng CEO, first exposed the reasons for leaving the company, saying that it had imposed excessive "control" after investing in the company because of excessive intervention by FAW Group. With regard to the news reported by the media, Baitang officially released today the "explanation on the recent foreign media reports on the independent operation of Baitang", which said that FAW respected the internal corporate governance of Baiteng and fully supported its independent operation. Relevant foreign media reports mentioned that "FAW Group pays homage to each other."

  Baiteng issued the announcement of independent operation right. 2019-09-25
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  Softbank Corp. cooperates with Honda to invest in GM's cruise to seek the commanding heights of self-driving technology.

  Cruise, a subsidiary of GM, acquired existing investors on May 7, local time, with Japanese Softbank Corp. and Honda investing $1.15 billion, according to foreign media reports. The new round of financing raised cruise's valuation to $11.5 billion, while shares of its parent general motors rose 2.3% to $38.89 in the afternoon on the new York stock exchange. Cruise was acquired by GM two years ago for $1 billion, GM owns an 80 per cent stake in Cruise, and Japanese companies such as Softbank Corp. and Honda have invested about $3 billion in it. In the past year, Cr...

  Beijing 2019 implementation 2019-05-08
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  Yueda Kia starts a new stove and releases a new name in April

  Yueda Kia

  Yueda Kia 2022-02-07
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  The Ministry of Industry and Information Technology has made it clear that further opening up the automobile market will speed up the merger and reorganization of the industry.

  Following the announcement of the opening schedule of the joint venture stock ratio, the Ministry of Industry and Information Technology once again announced the opening of the automobile market. A few days ago, Huang Libin, spokesman for the Ministry of Industry and Information Technology, said that in the future, telecommunications, Internet, automobile and other fields and related fields will be further opened to foreign investment, so as to continue to improve the level of intellectual property protection and create a good business environment. Huang Libin also said that China will unswervingly open wider to the outside world, treat the issue of Sino-US trade frictions with an open mind and tolerant mind, do not carry out construction behind closed doors, blindly emphasize "self-control", and will not decouple from international industrial development. The national policy protects the development of China's automobile industry and allows independent car brands to own.

  Joint venture stock ratio 2019-10-28
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  Daimler wants to increase its stake in Beijing Automobile and has asked Goldman Sachs for help.

  On June 28 last year, the Ministry of Commerce of the National Development and Reform Commission issued new measures for the management of foreign investment, and the restrictions on foreign equity ratio of passenger cars will be lifted by 2022. In the face of this new policy, many overseas car companies are ready to move. BMW was the first to increase its stake in the Chinese joint venture brilliance BMW to 75%. Then Volkswagen Audi also revealed plans to "increase its stake." now there is news that Daimler also wants to increase its stake in Beijing Automobile and has asked Goldman Sachs for help. Reuters reported that Daimler has commissioned Goldman Sachs to help it increase its stake in Beijing Automobile, and negotiations are still under way.

  Automobile increasing ownership Beijing Daimler 2019-03-23
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  General Motors give in! An additional $7.7 billion in investment in the United States hopes to end the strike

  According to foreign media reports, GM made concessions in negotiations with the United Auto Workers (UAW), and GM agreed to add 7.7 billion US dollars in direct investment to US plants and add 5400 jobs. It is understood that GM reached an agreement with UAW on salary, medical benefits, job security and other issues, and finally broke out during the strike on September 15. as many as 50, 000 people took part in the strike. GM media lost nearly 100 million US dollars, and has lost 1 billion US dollars so far. Gerald Johnson, executive vice chairman of UAW, said GM's $7.7 billion direct investment in the United States and Canada was resolved.

  General Motors Union strike 2019-10-13
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  Foxconn released a number of new car preview videos: including car SUV

  Recently, foreign media have exposed preview videos of several electric cars released by Foxconn Group, which can be seen using Foxconn's own car brand Foxtron. The video contains an all-electric car, an all-electric SUV and an electric bus. It is understood that the model exposed in the video will be on display at Hon Hai Technology Day (HHTD21) on October 18. In terms of performance, Foxconn will introduce battery packs with a capacity of 93,100 and 116kWh, and the output power of the front motor of the model will be 95kW, 150kW and 20.

  Foxconn 2021-10-15
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  Did Terry Gou go astray and know the opposite? Hon Hai Precision sells stake in Xiaopeng Motor parent Company

  Hon Hai announced on the Taiwan Stock Exchange that the stake in Guangzhou Orange Bank Zhi Zhi Automotive Technology Co., Ltd. was sold to an investment company in Tianjin, with a total transaction value of about 300 million yuan. Coincidentally, recently, foreign media have also revealed that Foxconn has shrunk its mobile business and entered into automobile projects. Fuzhikang is shifting engineers and other resources from its Android smartphone business, which accounts for 90 per cent of its revenue, to a new automotive electronics project, people familiar with the matter told the Nikkei Asia Review (NikkeiAsianReview). It is reported that one of Foxconn's engineering and technical teams has been.

  Ghosn 2019-04-04