Latest News for: Beijing autos


Six Strengths of WM Motor that Attracted Kaixin Auto Holdings to the Proposed Acquisition

The Eagle-Tribune 20 Sep 2023
BEIJING, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ ... As a pioneer in bringing innovative smart EV technologies to China’s mainstream auto market, WM Motor possesses six unique strengths.Comprehensive product line ... About Kaixin Auto Holdings ... Kaixin Auto Holdings ... Kaixin Auto Holdings.

EV subsidies: Will EU-China row lead to a tariffs war?

Indian Express 18 Sep 2023
He told the German daily Frankfurter Allgemeine Zeitung this week that there is ample evidence that Beijing is subsidizing its auto industry, 'in a way that is not in line with the rules of the World Trade Organization.' Felbermayr said China isn't only supporting the production ...

Cheche Group Inc. and Prime Impact Complete Business Combination

Victoria Advocate 18 Sep 2023
BEIJING and SAN JOSE, Calif., Sept ... Established in 2014 and headquartered in Beijing, China, Cheche is a leading auto insurance technology platform with a nationwide network of around 110 branches licensed to distribute insurance policies across 24 provinces, autonomous regions, and municipalities in China.

Cheche Group Shares Soar Sixfold in Trading Debut

Market Watch 18 Sep 2023
Cheche, a Beijing-based auto insurance technology platform, and Prime Impact, a special-purpose acquisition company, completed ...

Why Europe Is Right to Fear Chinese EV Makers Like NIO—and What It Means for Tesla

Market Watch 15 Sep 2023
The EU announced on Wednesday it was launching an investigation into Chinese electric-vehicle subsidies amid concerns that Beijing’s support for auto makers has kept prices artificially low and distorted competition ... TSLA), popular in both Europe and China, could benefit—has sparked a fresh source of short-term catalysts for auto stocks.

Covington highlights challenges, opportunities for County

News Graphic 15 Sep 2023
On Monday, September 11, Scott County Judge Executive Joe Pat Covington gave his annual State of the County address at the Chamber of Commerce monthly luncheon ... ... . we needed 8,000 pole permits ... US believes China defense chief under investigation by Beijing ... This Gig Harbor luxury car shop specializes in German autos, top-of-the-line customer serivce.

German carmaker stocks dip amid China-EV probe dispute

Reuters 14 Sep 2023
MILAN, Sept 14 (Reuters) - Shares of German automakers weighed on Europe's auto index on Thursday on concerns they could be the worst hit should Beijing retaliate if the EU decides to impose tariffs on imported Chinese electric vehicles ... By 1210 GMT, the STOXX Europe 600 Auto (.SXAP) index was down 1.46%, while the broader market was steady.

Kaixin Auto Holdings Announces Share Consolidation

The Eagle-Tribune 14 Sep 2023
BEIJING, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ ... About Kaixin Auto Holdings. Kaixin Auto Holdings is one of the primary dealership networks in the premium used car segment and new car sales in China ... Kaixin Auto Holdings ... Kaixin Auto Holdings.

What is driving Chinese EV exports and their price competitiveness?

Reuters 14 Sep 2023
Europe has become a key export market for Chinese auto brands, helped by the bloc's strict rules on emissions and Beijing's relatively benign trade ties, in contrast with rising tension with the United States ... That is mainly due to Beijing's decade-old industry ...

Beijing's auto vehicle imports continue recovery in August

Xinhua 13 Sep 2023
13 (Xinhua) -- Beijing's auto vehicle imports continued to recover in August, with the monthly import volume exceeding 40,000 units for the first time this year ... Beijing's auto vehicle imports continue recovery in August.

Chinese auto firms win awards of AutoVision China during IAA Mobility 2023 in Munich, Germany

People Daily 11 Sep 2023
BEIJING, Sept. 7 (Xinhua) -- Chinese auto companies, BYD, GAC, Zeekr and Leapmotor won on the opening day of the IAA Mobility 2023 the most valuable brand of the year awards under AutoVision China at the AutoVision global award ceremony held in Munich, Germany on Tuesday.

Kaixin Auto Holdings Announces Non-Binding Acquisition Term Sheet With Wm Motor

MENA FN 11 Sep 2023
(MENAFN - GlobeNewsWire - Nasdaq) BEIJING, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (–Kaixin– or the–Company–) (NASDAQ. KXIN) today announced that the Company has signed a ... .

China Auto Sales Rose in August as Support Measures Took Effect

Market Watch 08 Sep 2023
China's vehicle sales rose in August as Beijing's measures to boost auto consumption took effect and transportation demand rose during the summer holiday.

Chinese auto chipmaker raises over $1.8 billion as Beijing prepares new chip fund

Reuters 06 Sep 2023
BEIJING, Sept 6 (Reuters) - Chinese auto chipmaker GTA Semiconductor recently completed a largely state-funded financing round worth over $1.8 billion, state-backed Securities Times reported on Wednesday, with the move described as a clear signal to the domestic chip manufacturing industry that Beijing is still willing to invest in it.

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