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  Geely and Daimler set up a joint venture "Weixing Technology", which is expected to provide high-end chauffeured car service.

  Geely Daimler's cooperation project is becoming clearer! According to news, Geely Technology Group Co., Ltd. has increased its foreign investment to set up Weixing Technology Co., Ltd., in cooperation with Daimler Mobility Services GmbH (Daimler Mobile Services), with 850 million of each party's contribution and 50% of the equity. In fact, Geely and Daimler will not only form a joint venture for domestic smart electric vehicles, but also set up a joint venture to provide high-end chauffeured car travel services, and the above-mentioned "Weixing Technology Co., Ltd." is expected to be the result of a cooperation between the two companies.

  Geely founded Daimler joint venture 2019-05-14
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  Happy Motor announced that it would set up a new energy vehicle division, and its share price soared by 90%.

  On August 6, Kaixin Automobile announced that it would set up a new energy vehicle department and set up a new energy vehicle research and development, production and marketing team. Affected by the news, American stocks rose more than 100% in intraday trading, closing up 89.22% at $3.16, with a total market capitalization of $453 million. Everyone may be a stranger to Happy car. In fact, Happy car is a used car dealer. Data show that Happy Automobile was founded in 2015, formerly known as Renren Automobile, a wholly-owned subsidiary of Renren Company. Happy Automobile initially entered the used car industry with auto finance business, and officially opened used car retail in 2017.

  Happy car 2021-08-07
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  Tesla will set up an engineering team in China, including software development

  Tesla CEO Musk said on social media on the 25th that Tesla and China are forming an important engineering team that will focus on software and hardware development. They will serve not only the Tesla factory in Shanghai, but also automotive products. Only in this way can we attract outstanding talents to join us. According to sources, some production lines of Tesla's Shanghai super factory have been deployed, and the body of a Model 3 is passing through an empty production line, which is reported to be a trial project to set up the production line and assembly station. Tesla has previously said that the factory will be before the end of the year.

  Tesla will set up an engineering team in China Tesla 2019-09-25
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  Geely plans to set up a design center in the UK to improve its design capacity

  Zhejiang Geely Holdings Group plans to set up a design center in the UK, which will employ designers from former Jaguar Land Rover and Aston Martin to expand its five-member team to 100 people within five years. According to reliable intelligence, Geely's UK design center will be located in Coffentry, UK, and its business includes domestic Geely passenger cars, Malaysia's Proton, Britain's Lotus sports car and LinkedIn. It is understood that Wayne Burgess (Wayne Burgess) will be the head of the British Design Centre. Some industry insiders analyzed Geely's move, saying that Geely established the design this time.

  Geely founded designed 2019-02-22
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  Pave the way for a new factory Volkswagen sets up a subsidiary in Turkey

  According to foreign media reports, Volkswagen has set up a subsidiary in the Manisa region of western Turkey, and the new plant is in the final stage of negotiations and is about to make a final decision on the location of the production plant. It is reported that 1.3 billion euros ($1.4 billion) will be invested in the project, of which the parent company Volkswagen has already paid 1/4, and the rest will be paid in the next two years. Volkswagen's new company will focus on the design, production and assembly of cars, trucks and other vehicles, while Volkswagen has been considering building a new plant in Eastern Europe, both in Bulgaria and Turkey.

  Volkswagen sets up subsidiary in Turkey 2019-10-04
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  FF is exposed to architecture governance! Jia Yueting set up a personal debt repayment trust to solve the debt problem.

  Jia Yueting, founder and CEO of FaradayFuture, is transforming FF's existing top governance structure by introducing a partnership system and handing over top governance to a "partner committee", according to people close to Faraday's future. At the same time, Jia Yueting will also set up a personal debt repayment trust fund as a domestic debt repayment fund. In June 2018, Evergrande formally reached a cooperation with Evergrande, and Evergrande became the largest shareholder of FF. The two sides then parted ways at the end of 2018 because of equity issues. Since January 1 this year, FF and Evergrande score, FF admitted in the funding side.

  Jia Yueting 2019-08-26
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  FF has set up a new company in China, and the new car is still being "assembled by hand"

  Faraday Future, which was founded in 2016, has not been on the market so far, but a number of companies have been set up one after another. A few days ago, it is reported that FF has set up a new company in Zhuhai with a registered capital of 250 million US dollars.

  FF 2020-12-20
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  Ford and Mahindra set up a joint venture in India to save Indian car business

  According to foreign media reports, due to Ford's failure to achieve substantial development in the Indian market for more than 20 years, Ford transferred its assets in India to a joint venture with Mahindra. Ford is to set up a $275 million joint venture in India with Mahindra, which has rescued its declining car business in India. Under the agreement, Ford owns 49% of the joint venture, while Mahinda owns 51% of the company. It is understood that after the establishment of the company, Ford's business in India will be transferred to a joint venture, including Sanghe's staff and assembly plant in Chennai.

  Ford 2019-10-04
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  Reduce cost and increase efficiency! Xiaopeng Motor sets up a new financial platform

  On December 27, according to a news release from the Media Power Plant of the Interface Financial Associated Press, Xiaopeng Motor continued to adjust its organizational structure, set up a new financial platform to recover the financial rights of each center, and strictly controlled costs. It is understood that the financial and economic platform includes the Finance BP Department, the platform Finance Department, the Integrated Finance Group, the tax Management Group, the Fund Management Group and the Special Finance Group.

  Xiaopeng Automobile Adjustment cost platform Finance Department structure organizational structure personnel employee Media year efficiency month 2022-12-28
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  Can Toyota and Panasonic set up a joint venture to usher in the "EV era"?

  According to foreign media reports, Toyota Motor Company and Panasonic Industrial Co., Ltd. set up a new car square battery company (signed a business merger contract and a joint venture contract, and then actively promoted the relevant preparations for the establishment of the joint venture company. According to data, the joint venture between Toyota and Panasonic is called Taixing Energy Solutions Co., Ltd. (hereinafter referred to as Taixing Energy). The company will go into operation on April 1, with Toyota holding 51 per cent and Panasonic 49 per cent. It is worth noting that the new company will develop batteries that can be used in any electric vehicle, providing a wide range of batteries not only to Toyota but also to all customers.

  Toyota Panasonic 2020-02-03
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  Geely Group sets up 200 million yuan special fund for prevention and control of new pneumonia

  The epidemic situation of COVID-19 is changing every day, affecting the hearts of every Chinese. Today, Geely officially announced that it will work with the Li Shufu Public Welfare Foundation to set up a 200 million yuan special fund for the prevention and control of the new type of pneumonia, which will be used to support the prevention and control of the epidemic in Hubei, Guangdong, Zhejiang, Henan and other areas with serious new types of pneumonia. At the same time, Geely said it would further expand the size of the special fund in due course according to the needs of epidemic prevention and control.

  Geely Group 2020-01-28
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  Volkswagen and Didi have set up a joint venture in China to cooperate deeply in ride-hailing and self-driving.

  According to the latest news on the 25th, China's largest ride-hailing company and Volkswagen, the world's largest carmaker, have set up a joint venture in China, registered as "Shanghai Orange Public Automotive Technology Co., Ltd." with a registered capital of 64 million yuan. The company has two shareholders, 40% of Volkswagen (China) Investment Co., Ltd., and 60% of Huidi (Tianjin) Business Services Co., Ltd., which is closely related to Didi. At the same time, the legal representative of Orange Motor is Yang Jun, vice president of DiDi. According to foreign media reports last year, Volkswagen Group held talks with DiDi on the establishment of a joint venture company. The public.

  Establish Volkswagen joint venture company 2019-02-25
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  It is revealed that Tesla will set up a second factory in Shanghai.

  Tesla China will build a second factory in Shanghai, which will increase the annual capacity of 450000 cars, Reuters reported on May 3. It is understood that the news originated from a thank-you letter written by Tesla to the Shanghai government by Reuters. In the letter, Tesla thanked the officials in Hong Kong for their support. In addition, he also disclosed that he would enter.

  Tess Tesla Factory Shanghai News China sales Export Global Market Automobile production people official Target 2022-05-04
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  Volkswagen will set up an automotive software division to develop automotive operating systems

  According to Bloomberg, Volkswagen will set up a division called Car.Software, which will employ 500 experts this year, 2000 staff by 2020, and 5000 digital experts to be responsible for software development within the Volkswagen Group by 2025. At present, Volkswagen brand cars need to integrate as many as 70 control units, which operate software from 200 different suppliers, while Volkswagen uses systems with similar functions, such as infotainment and navigation. Volkswagen Software Division will also cover software.

  Cars Volkswagen operating systems 2019-06-19
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  Brilliance Group sets up an international trade company, or promotes the group's automobile import and export business.

  Through understanding, brilliance has set up an international trading company and is seeking to diversify its business to alleviate the malaise brought about by sales. Through Qixinbao inquiry, it was found that brilliance Automobile Group registered 50 million yuan on July 31 to establish brilliance International Trading Co., Ltd., its main business includes automobiles, used cars, auto parts, auto supplies, goods or technology import and export, and so on. It is worth noting that food sales business is also within its business scope, and the legal representative is Zhang Wei. This is after Yan Bingzhe succeeded Qi Yumin in charge of brilliance in April this year, and Gao Weimin served as chief technical engineer of brilliance in August.

  Brilliance group 2019-08-06
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  Big investment! Volkswagen sets up a new wholly-owned company in China

  At the Shanghai International Auto Show, the German Volkswagen Group announced that it will set up a new company in China, focusing on the R & D, innovation and procurement center of intelligent network-connected electric vehicles, which will be located in Hefei. It is understood that Volkswagen Group plans to invest about 1 billion euros in this new company, and the name of the new company project is "10."

  Volkswagen Automotive China Group Company Volkswagen Group Market Development Global Enterprise Electric Brand Volkswagen Model Joint Venture 2023-04-19
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  To set up a joint venture, the first supercar of Red Flag S9 will be assembled and delivered in China.

  The news of FAW Red Flag building S-series supercars has long been announced, of which Red Flag S9 is the first product to achieve mass production. A few days ago, Changchun Municipal Government, FAW of China and Silco of the United States jointly signed a letter of intent for the Red Flag S-Series project. FAW and Silco will set up a joint venture to manufacture the first Red Flag sports car model. According to the plans announced by both sides, the Hongqi S Manufacturing and delivery Center will be located in Changchun and will be built in three phases, and will gradually realize the domestic assembly and delivery of Hongqi S9 and S7 supercar products, as well as the domestic manufacturing and delivery of Hongqi S5, S3 and other models. And in the red flag S series products and brand joint venture project.

  Red flag 2020-04-25
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  FAW Xialibo County joint venture landed with a registered capital of 2.54 billion yuan to set up a new energy automobile company.

  After Nanjing Boxun and Tianjin FAW announced their intention to establish a joint venture company on April 29 this year, the joint venture process was once again accelerated, and the two sides formally signed an agreement with September 27 to formally establish a joint venture company. Tianjin FAW Xiali Automobile Co., Ltd. announced on the evening of September 27th that it would set up a joint venture, Tianjin Bojun Automobile Co., Ltd., with a registered capital of 2.54 billion yuan. Among them, FAW Xiali contributed 505 million yuan with assets and liabilities related to the whole vehicle, such as land, plant, equipment, etc., with a shareholding ratio of 19.9%. Nanjing Bojun New Energy vehicle contributed 2.034 billion yuan in cash.

  Xialibo County announcement Xialibo County Joint Venture Plan FAW Xiali and Bo County Progress 2019-09-28
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  With a capital injection of 4 billion, Jia Yueting FF set up a joint venture with City 9 to produce luxury electric cars in China.

  Jia Yueting FF finally welcomed new investors to speed up the production of electric cars in China. Recently, Zhu Jun, chairman of the ninth city, has had many contacts with Jia Yueting and visited the office of FF's US headquarters with a number of investment bankers. In the latest news today, Zhu Jun and Jia Yueting officially joined hands to confirm the formation of a joint venture company, with the ninth city planning to inject up to US $600 million (about 4 billion yuan). On March 25, Internet company Ninth City announced that it had signed an agreement with Faraday Future through its subsidiaries to set up a joint venture to manufacture, market and operate electric cars in China. The agreement also reveals the cooperation between the two sides.

  Electric vehicle establishment electric Jia Yueting joint venture company 2019-03-25
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  Great Wall Motor: firmly supports CCTV's exposure of the "Internet Water Army" and has set up a special group.

  On the evening of March 15, after the problem of the "cyber water army" was exposed on CCTV's "315th Gala" in 2023, Great Wall Motor quickly followed suit, saying in its official Weibo post that it firmly supported the exposure of the "cyber water army" on CCTV's 315th gala. Great Wall Motor said that in order to eliminate the unhealthy atmosphere as soon as possible,

  Car Internet Great Wall Water Army CCTV report Center Geely platform malicious Environment Target Social Behavioral attack Bad 2023-03-16