男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Motoring

Aiways invests in carmaker to guarantee production

By Zhang Dandan | China Daily | Updated: 2019-06-10 13:04
Share
Share - WeChat
An Aiways car on display at the 18th Shanghai International Automobile Industry Exhibition in April. [Photo provided to China Daily]

Chinese new energy vehicle startup Aiways is set to acquire part of Jiangling Holdings' equity in exchange for investing 1.75 billion yuan ($252.65 million). It is believed by insiders to be a solution to help the startup get a production qualification.

Changan Automobile - the Jiangling Holdings' parent company - disclosed the cooperation between the two automakers on June 4.

According to the information released, after Aiways' investment, the registered capital of Jiangling Holdings will increase from 1 billion yuan to 2 billion yuan. Aiways will hold 50 percent of Jiangling Holdings' share.

As a newly-established carmaker, Aiways has not received its production qualification for producing new energy passenger vehicles. Acquiring Jiangling Holdings' equity is a roundabout solution for Aiways to get the production qualification, insiders say.

"The collaboration with Jiangling Holdings is going forward. And as for the production qualification, Aiways has always been actively working on the application for that," said an insider from Aiways to the 21st Century Business Herald newspaper.

Aiways, founded in 2016 in Shanghai, engages in the research and development, production and sales of new energy vehicles.

The automaker unveiled its first production model - the Aiways U5, a sport utility vehicle, in November 2018. It is scheduled to hit the market at the end of this year.

As the launch date of its first model is approaching, Aiways is eager to solve the problem of production qualification.

The production qualification is an issue that troubles most of the emerging vehicle makers. Therefore, they turn to conventional carmakers to become capable of manufacturing. They do this by entrusting the conventional carmakers with the production and acquiring their equity to get their qualifications.

Before Aiways were the new energy vehicle makers WM Motor, Byton and CHJ Automotive who have used similar tactics.

By its acquisition of Dalian Huanghai Auto with 1.18 billion yuan in 2017, WM Motor got its production qualification. Its first production model, the WM EX5, has been on offer since April 20, 2018.

CHJ Automotive acquired the Chongqing-based automaker Lifan at the price of 650 million yuan to get the qualification to manufacture vehicles.

However, insiders have doubts on startups paying high prices for the qualification. The follow-up investment in the technology research and development as well as the plant upgrades and renovation are also costly, they said.

New Energy startups Nio and Xpeng chose to cooperate with conventional automakers to produce vehicles.

Nio, the Shanghai-based developer of high-performance electric vehicles has worked with JAC Motors. The two companies have built a production plant to manufacture the electric sport utility vehicle, Nio ES8, which hit the market in late 2017.

Xpeng Motors joined hands with Haima Automobile to produce its first model, the Xpeng G3, which was launched at the end of 2018.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 泽普县| 翁牛特旗| 沂南县| 万山特区| 明水县| 高台县| 吉林市| 内乡县| 祁阳县| 罗甸县| 黔江区| 江安县| 三台县| 北海市| 台山市| 建昌县| 松江区| 固阳县| 安义县| 泰顺县| 呼伦贝尔市| 锦屏县| 公主岭市| 靖边县| 大新县| 财经| 招远市| 灵武市| 合川市| 栖霞市| 绵阳市| 兴业县| 浮梁县| 湘潭市| 丁青县| 垣曲县| 临沧市| 常熟市| 黔西县| 广昌县| 垦利县|