International backing from huge
Chinese vehicle maker Foton Motor Company is just one part of the Borgward puzzle.
A Chinese vehicle maker that operates as SF Motors in the U.S. revealed its battery - electric concept car, the SF5.
Not exact matches
The move comes at a time of huge growth for China's electric -
vehicle industry
Japan's SoftBank Group Corp. is in talks to purchase a large chunk of shares in the upcoming initial public offering of Chinese electric - vehicle maker NIO, according to people familiar with the matter, a move that could...
HONG KONG (Reuters)- NIO Capital, an investment firm founded by leading
Chinese electric
vehicle maker NIO, is in talks with prospective investors to raise up to $ 500 million in a dollar fund aimed at the country's auto sector, people with knowledge of the plans said.
What would be impressive is if the
Chinese and Indian
makers can build a
vehicle to the latest contemporary standards for safety and quality and still be able to sell a
vehicle at this price.
It is a clear sign that
Chinese car
makers are building on recent experiences and rapidly investing in better
vehicle safety.