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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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  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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  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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  A used car dealer is also going to build a car.

  In August, the acquisition of MORNING STAR AUTO INC. (hereinafter referred to as "Maolin Sida") by Kaixin Motor, a listed company in the United States, finally ushered in new progress. On July 11, Kaixin announced that it had signed a supplementary M & An agreement with Maolin and planned to complete the M & A delivery in August this year. Real

  Automobiles Maolin new energy mergers and acquisitions companies markets electric business used cars Henan electric vehicles times production wholly-owned dealers 2023-07-12
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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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  Letv's self-mocking marketing, the boss built the car in America.

  Auto industry attention reported on June 11, 2021, Letv and Jia Yueting are making new moves, and Letv's video mobile app released a new update yesterday. From the update log of the new version of the application, there is no functional update in this version, and it seems that the biggest update is just to change the icon of the application. In the new version of the icon, a line of text is added at the bottom of the iPhone icon, "Luo Pang Shake plays Zhen Huan", and the new text at the bottom of the Android version is "Boss car America". A complete "limerick" has also been compiled in the details of the app store: the master has always been in the folk, and he named me optimistic, Luo.

  Letv 2021-06-11
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  There will be only five or six Chinese car companies left, with the rest shutting down or mergers and acquisitions.

  A number of auto executives have predicted that 50% of China's autonomous car companies will fail in the future, while Zhu Huarong, president of Changan Automobile, believes that there will be only five or six Chinese car companies left. During the Guangzhou auto show, Zhu Huarong said that he had predicted three years ago that "the closure and merger of enterprises within three or five years is not news." in the next three years, more enterprises will close and merge, and eventually there will be "only five or six Chinese car companies left." Entering 2019, China's car sales continue to decline, the industry environment continues to deteriorate, automobile enterprises have operating difficulties one after another, performance has declined to losses, stop production and arrears of wages emerge one after another, some enterprises sell land to sell qualifications, and even enter the merger.

  Automobile industry 2019-11-28
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  FAW car adjusts its merger and acquisition of FAW Liberation and reorganization Plan, canceling 3.5 billion yuan of fund-raising

  On the evening of November 28th, FAW car announced that in order to further optimize the size of the company's share capital after the transaction and comprehensively consider the company's ability to pay cash, it plans to cancel 3.5 billion yuan of matching fund-raising. FAW Jiefang 100% equity held by FAW shares was purchased through major asset replacement, share issue and cash payment. The company said that after this restructuring, its main business has been changed to FAW with strong profitability, and its profitability and core competitiveness have been improved. According to the research report, FAW Jiefang is one of the best assets of FAW Group and the absolute leader of the domestic heavy truck industry.

  FAW sedan FAW liberation 2019-11-29
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  Fiat Chrysler (FCA) has withdrawn its merger of Renault following intervention by the French government

  Fiat Chrysler (FCA) withdrew its proposed merger with Renault on Wednesday, according to people familiar with the matter. Renault's board failed to make a decision on the acquisition due to opposition from Nissan. Fiat Chrysler confirmed the news and said in a statement: "FCA remains convinced that there are compelling and transformative reasons for this proposal. However, France clearly does not have the political conditions for such a successful combination at the moment." Renault's board had planned to meet later on Wednesday to consider the proposal. But during the meeting, two Nissan representatives opposed the merger of Renault and FCA, while the rest of the board.

  Renault Nissan FCA merger 2019-06-06
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  Lin Mingjun, CEO of Happy car: I don't think Weima Shenhui has run away.

  Since Weimar filed for bankruptcy review, the follow-up direction of Weimar has also attracted the attention of people inside and outside the industry. Recently, Lin Mingjun, founder of Happy Motor, who announced the acquisition of Weimar, revealed some of the latest developments with Weimar in an interview with the media. Lin Mingjun said that the merger and acquisition of Weimar

  Cars Weimar mergers and acquisitions used cars cooperation both sides data cash sales Nass NASDAQ Dak losses travel impact 2023-11-15
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  Evergrande may be acquired!

  Although Hengchi 5 has been listed, the crisis of Evergrande has not been alleviated. Evergrande is likely to be acquired by another car company, according to Interface News, citing people familiar with the matter. Reported that the lead party may be the local government, the merger and acquisition is a government action, the parties are still in a stalemate. The so-called merger and acquisition

  Evergrande cars companies new energy mergers and acquisitions one pre-sale enterprise crisis factories premises problems China Tianjin production 2022-08-18
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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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  Foreign media: Tesla wants to buy traditional car companies, Daimler is the best choice

  As Tesla, the US electric carmaker, has become the world's largest carmaker by market capitalization, its market capitalization now exceeds that of all traditional carmakers, including the big three in the US combined. For better development, Musk said a few days ago that he was willing to buy a traditional car company.

  Tesla 2020-12-08
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  Sell it all! Weimar Motor was acquired 100%.

  On the evening of Sept. 11, Kaixin Motor suddenly announced that it had signed a non-binding letter of intent with WM Motor Holdings Limited, planning to issue a certain number of new shares to acquire the 100% stake held by its shareholders. Lin Ming, Chairman and CEO of Happy Automobile

  Automobiles Weimar companies used cars mergers and acquisitions Mao Lin Renren new energy losses stock prices directors groups businesses enterprises wholly owned 2023-09-12
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  Heavy! Another new power brand has been acquired.

  The troubled Weimar finally ushered in a new turnaround. On January 12, Hong Kong listed company Apollo Wisdom announced on the Hong Kong Stock Exchange that the company had completed a strategic merger with Weimar Motor on January 11, and the company would acquire Weiwei for US $2.02 billion (about 13.696 billion yuan).

  Weimar Automobile Company Travel Wisdom Group sales Market Hong Kong Century announcement official News Hong Kong stocks Holdings 2023-01-12
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  Lutes announced layoffs!

  According to foreign media reports, LUTOS, a famous British sports car manufacturer, has announced that in order to ensure the establishment of the right organizational structure to achieve business goals and build a strong and sustainable future, the company has decided to restructure its business, including laying off 200 people. According to a spokesman for the company, the layoffs are mainly related to

  Tex sales smart Luter global companies sports cars products codes technology models business brands time pounds 2023-07-21
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  Jia Yueting's FF will be listed on NASDAQ, with Evergrande holding 20%.

  According to media reports, Jia Yueting's Faraday Future (FF) will be listed on Nasdaq on July 22nd, with Evergrande holding a stake in FF20%. In addition, the FF 91, the first model of Faraday in the future, will also usher in mass production and open bookings. A few days ago, at a special meeting held by Property Solutions Acquisition Corp. (PSAC) (NASDAQ: PSAC), shareholders considered and voted to approve all related to the proposed merger between PSAC and FaradayFuture (FF).

  Jia Yueting Evergrande 2021-07-22
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  New development: Ssangyong Motors, a well-known South Korean car brand, may be acquired by the New Power brand this week.

  Following media reports in October that new car-making company Edison Motors will buy Ssangyong Motor for about 223 million euros, there are media reports today that Edison Motors and Ssangyong Motors will complete the merger as soon as this week. Ssangyong Motor is still filing for bankruptcy protection due to loan default. South Korean legal and auto industry expect the acquisition to be completed by this week or January 7 at the latest, media said. Another Edison Motors executive pointed out: "We need to adjust the content of the contract, but if the discussion goes well, the acquisition can be completed within this month."

  Ssangyong Motor 2021-12-27
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  Restart IPO after three years, Volvo may be listed in Sweden within this year

  On May 13, Volvo officially announced that its board of directors had decided to re-evaluate the possibility of IPO, which is expected to be listed on the Stockholm Stock Exchange of Sweden later this year. However, the final decision on listing depends on the market environment, and there is no guarantee that the listing will take place. This is not the first time Volvo has heard the news of IPO. Volvo started the process of listing in 2018, hiring top investment banks, including Citigroup, Goldman Sachs and Morgan Stanley, to coach Volvo. At that time, Geely valued Volvo at $160-30 billion, while Volvo was given 120.

  Volvo 2021-05-14
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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