Chery Auto plans September 17 IPO with target valuation of 18 billion USD, report says
Chery Auto, one of China’s leading automakers, is set to begin its initial public offering (IPO) on September 17...
Tag : Plans
Rivian Axes Staff As Trump’s Policies Rip A Hole In Its Revenue Plans
Rivian cut 1.5 percent of its workforce, mainly in sales and service departments. It faces a projected $100M revenue...
China’s state-owned automotive giant FAW Group plans 10% stake acquisition in Stellantis-backed Leapmotor, report says
Five months after signing a strategic cooperation agreement, China FAW Group, one of the nation’s largest automotive manufacturers, is...
Xpeng pauses new P7 24-hour endurance test due to severe weather, plans restart this morning
Xpeng Motors has temporarily halted its 24-hour endurance test of the new Xpeng P7 after severe overnight weather caused...
Hypercar Maker Abandons SUV And GT Plans
Czinger is betting everything on its flagship, preparing upgrades that could redefine its performance and keep it relevant for...
Dongfeng’s eπ plans solid-state EVs with 1000V platform by 2026, confirms Huawei partnership on full-size SUV
Dongfeng eπ Technology hosted its strategic planning and product launch event in Wuhan, unveiling a development roadmap that spans...
How Stellantis Plans to Bounce Back in 2026
During the automaker’s recent sales call, in which it announced figures for the first half of 2025, new Stellantis...