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In July 2019, Renault Group announced a capital injection of 1 billion yuan to acquire a 50% stake in JMEV, an EV subsidiary of Jiangling Motors Corporation. [36] In 2020, BMW and Great Wall Motor invested RMB 5.1 billion on a joint venture Spotlight Automotive to produce the Mini brand EV using the technology of Great Wall Motor. [37]
JMEV is focused on the development and production of electric cars and was established in 2015 as a subsidiary of JMCG. It was reorganised as a joint venture in July 2019, after Renault acquired a majority stake. As of 2023, its cumulative sales of electric vehicles have exceeded 100,000. [2]
Changfeng Motor (1950–1996, acquired by GAC Group) Gonow (2003–2016, acquired by GAC Group) Hanjiang (car manufacturer under Tonghui Machinery Works until 2005; acquired by Gonow) Yangchang Motors (1958–1993, acquired by GAC Group in 2009) Borgward Group (2014–2022, acquired by Foton and discontinued in 2022) Riich (2009–2013 ...
JAC Group (Chinese: 江汽集团; officially Anhui Jianghuai Automobile Group Corp., Ltd.) [2] is a Chinese automobile and commercial vehicle manufacturer. [3] The company is based in Hefei, Anhui Province, China. The company produced about 524,000 units in 2021, including 271,800 commercial vehicles and 252,500 passenger vehicles.
The joint venture shares the production line and supply chain with Dongfeng Nammi [4] and produces the electric city car targeted at European market. Its main products, the Renault Group's Renault City K-ZE/ Dacia Spring, Seres Group's Fengon E1 and Nissan's Vanucia E30 (second generation) are rebadged by Dongfeng's Nano Box and EX1 city car.
In November 2023, Huawei announced the establishment of HIMA during the launch of the Luxeed S7, the first model developed in collaboration with Chery. [1] Unlike the previous approach, where Huawei mainly provided sales channels and had control over vehicle development with its partners, HIMA aims to build a more connected ecosystem for electric vehicles by incorporating Huawei's Harmony ...
The brand's debut model, a small five-door hatchback simply referred to as the Firefly EV, was designed under the lead of Nio Design Vice President Kris Tomasson.The model began pre-sale in China upon the brand's domestic launch starting at a price of CN¥ 148,800 (US$20,300) and will officially go on sale in the Chinese market in April 2025.
Hyptec (Chinese: 昊铂; pinyin: Hàobó) is a Chinese electric vehicle brand owned by GAC Aion, the electric vehicle subsidiary of GAC Group. It was founded in 2022 under the name Hyper, before it was renamed in 2024. The brand serves as a premium product line of GAC Aion, which uses the Aion brand for mass-market electric vehicles.