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China sets out to reign in country's bloated EV industry

China sets out to reign in country's bloated EV industry
shanghaisun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaisun.com Daily Mail and Mail on Sunday newspapers.

Hong Kong , Bill Russo , Tu Le , Xiao Yaqing , National Development , Xpeng Inc , Li Auto Inc , Reform Commission , Ministry For Industry , Information Technology , Automobility Ltd , Bluepark New Energy Technology Co , Park New Energy Technology , Sino Auto Insights , Xpeng Li Auto , ஹாங் காங் , ர சி து ருஸ்ஸோ , து லெ , தேசிய வளர்ச்சி , லி ஆட்டோ இன்க் , சீர்திருத்தம் தரகு , அமைச்சகம் க்கு தொழில் , தகவல் தொழில்நுட்பம் , பூங்கா புதியது ஆற்றல் தொழில்நுட்பம் , சினோ ஆட்டோ நுண்ணறிவு ,

China sets out to rein in country's bloated EV industry

China sets out to rein in country's bloated EV industry
shanghaisun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaisun.com Daily Mail and Mail on Sunday newspapers.

Hong Kong , Bill Russo , Tu Le , Xiao Yaqing , National Development , Xpeng Inc , Li Auto Inc , Reform Commission , Ministry For Industry , Information Technology , Automobility Ltd , Bluepark New Energy Technology Co , Park New Energy Technology , Sino Auto Insights , Xpeng Li Auto , ஹாங் காங் , ர சி து ருஸ்ஸோ , து லெ , தேசிய வளர்ச்சி , லி ஆட்டோ இன்க் , சீர்திருத்தம் தரகு , அமைச்சகம் க்கு தொழில் , தகவல் தொழில்நுட்பம் , பூங்கா புதியது ஆற்றல் தொழில்நுட்பம் , சினோ ஆட்டோ நுண்ணறிவு ,

CX Daily: Saving Peking University's Fallen Tech Conglomerate

CX Daily: Saving Peking University’s Fallen Tech Conglomerate
Restructuring /
In Depth: Saving Peking University’s fallen tech conglomerate
Peking University Founder Group Corp. (PUFG) was once the poster child for the entrepreneurial spirit that flowed from the hallowed halls of China’s elite universities in the 1980s as reform and opening-up fever gripped the country. Today, it’s
bankruptcy reorganization after years of reckless expansion built on unsustainable debt, with some corruption thrown in for good measure.
Many of the other high-profile busted corporate flushes that have been through the bankruptcy restructuring or liquidation mill were victims of massive corruption or asset stripping by their previous owners, or weak players in their sectors or in industries with poor prospects. But PUFG has a portfolio of attractive assets in growth areas. ....

Inner Mongolia , Nei Mongol , United States , Sokon Seres , Wang Shuo , Xue Jining , Kenneth Waltz , University Founder Group Corp , Baoshang Bank Co , Huawei Technologies Co , Sokon Industry Group Stock Co , Changan Automobile Co , Kuaishou Technology , China Huarong Asset Management Co , China Ltd , Bluepark New Energy Technology Co , Bytedance Ltd , Central Commission For Discipline Inspection , Theory Of International Politics , China Movie Data Information Network , Ping An Insurance Group Co , China Banking Regulatory Commission , Baoshang Bank , Clearing Corp , Saving Peking University , University Founder Group ,

Shanghai Composite Index Rose 2.4% on Tuesday

Shenzhen Component Index closed up 2.34% ....

Soult Ukpyolsi , South Korea , P Yongyang Si , North Korea , United States , Hamgyong Namdo , Culture Development , Bluepark New Energy Technology , Shanghai Composite Index , Shenzhen Component Index , Chinext Index , Jinko Power , Huayou Cobalt , Park New Energy Technology , Chongqing Sokon Industry , Chongqing Changan , Shengjing Sport , Boss Zhipin , தெற்கு கொரியா , வடக்கு கொரியா , ஒன்றுபட்டது மாநிலங்களில் , கலாச்சாரம் வளர்ச்சி , ஷாங்காய் கலப்பு குறியீட்டு , ஷென்சென் கூறு குறியீட்டு , பூங்கா புதியது ஆற்றல் தொழில்நுட்பம் , சோங்க்கிங் சாங்கன் ,

Huawei deepens dive into electric vehicles

Technology major seeks control of small automaker to make cars bearing its own nameplate
Published:
May 04, 2021 15:52
Reuters
A Seres Huawei Smart Selection SF5 electric vehicle displayed during the Auto Shanghai show in Shanghai, China April 19, 2021.
Image Credit: Reuters
China s Huawei Technologies is in talks to take control of a small domestic automaker s electric vehicle unit, two people with direct knowledge of the matter said, a move that would be a strategic shift for the world s largest telecom equipment maker.
A company spokesman denied such a step, however.
Huawei, which has been battered by U.S. sanctions, is in talks with Chongqing Sokon to acquire a controlling stake in the latter s Chongqing Jinkang New Energy Automobile, said the sources. ....

Jin Kang , Richard Yu , Yale Zhang , A Seres Huawei , Eric Xu , Larcfox Alpha , Motor Electric Vehicle Co , Xiaomi Corp , Jinkang New Energy Automobile , Bluepark New Energy Technology , Huawei Technologies Co , Sokon Holdings , Seres Huawei Smart Selection , Auto Shanghai , China April , Image Credit , Huawei Technologies , Chongqing Sokon , Chongqing Jinkang New Energy Automobile , Shanghai Auto Show , Arcfox Alpha S , Electric Vehicle , Chongqing Sokon Holdings , Shanghai Listed Sokon , Park New Energy Technology , ஜின் காங் ,