Transportation

The company said that this acquisition will enhance its ability to control the upstream of automobile industry.

Can Go-Jek ever enter the Philippine market?

Evergrande will try to become the largest and the most competitive new energy car company worldwide.

The company is snapping up controlling stakes of existing manufacturers.

China is the world’s largest EV market and accounts for more than half of the global EV sales last year. 

China aims to put 5 million new energy cars on the road by 2020.

A Chinese Model X owner told KrASIA that he and other owners “have been in discussion with the dealers,” hinting at a possible solution

The two companies plan to work together in new retail too.