Page 33 - Changan News Today

Chinese electric vehicle maker Nio plans to spin off its battery manufacturing unit, according to two people with knowledge of the matter.

As Nio's monthly EV delivery growth declines, wide-eyed investors need to think twice if they're considering NIO stock now.

Chinese EV makers are expanding abroad but have a long way to go in building trust—and recalls like this, from Great Wall Motor, won’t help.

The China-Europe Railway Express continues to show strong momentum in facilitating cross-border trade this year, according to the latest figures from China's railway operator.

The Oscars eligibility list for animated, documentary and international feature films includes 'Anselm,' 'Nimona' and 'Shayda.'

Uber and its like are still illegal in Hong Kong, where a politically connected taxi cartel seeks a clampdown on ride hailing rather than modernising to compete, and rogue cabbies rip off passengers.

Chinese electric vehicle maker Nio plans to spin off its battery manufacturing unit, according to two people with knowledge of the matter, as part of the efforts by the company to turn profitable,...

The nascent battery unit, led by senior manufacturing engineers whose previous employers include Apple and Panasonic, will seek external investors after the spin-off that could happen as early as the end of this year, with a valuation to be decided later, the people said.

From electric cars to battery swaps to even smartphones, Chinese EV maker Nio seems to be doing it all. But it is now looking to lighten its load by spinning off its battery manufacturing unit, according to Reuters.

Archaeologists recovered more than 600 artifacts from the tomb in China.