[How to understand the car, every day car news] Let’s take a look at some major events in the automobile circle on October 8, 2022.
Automotive Event 1: Niu Innovation Energy renamed Mars Stone Technology Co., Ltd.
On October 5, Niu Innovation Energy announced that in order to avoid users from confusing the relationship between the "NIUTRON" and "Ziyoujia" brands and Niu Innovation Energy, the company officially renamed "Mars Stone Technology Co., Ltd.". The name "Niu Innovation Energy" will not continue to be used in any scenario.
In October 2020, Changzhou Niuchuang Technology Co., Ltd. completed the registration, and Niuchuang's car manufacturing plan came to light. Qichacha information shows that in addition to the actual controller Li Yinan , its main members also have executive director and legal representative Yang Jingyi and supervisor Fang Qing.
Auto Event 2: BYD cooperates with SIXT to promote electrification of the car rental market
BYD announced that it had signed a cooperation agreement with SIXT, the world's leading car rental company, to provide new energy vehicle rental services for the European market, jointly promote the electrification transformation of the car rental market, and help global carbon emission reduction. This cooperation marks BYD's extension of green solutions to the car rental field and join hands with SIXT to provide zero-emission solutions for car rental users. In the future, BYD will continue to deepen cooperation with SIXT, explore broader cooperation opportunities, promote global electrification transformation, and jointly achieve green dreams.
According to the agreement between the two parties, SIXT will purchase at least 100,000 new energy vehicles from BYD within the next six years. A number of BYD's high-quality new energy vehicles will serve SIXT customers, including the latest launch of the Yuan PLUS in Europe. The vehicle will start delivering in the fourth quarter of this year. The first phase of the cooperative market includes Germany, the United Kingdom, France, , the Netherlands .
Auto Event III: China Innovation Airlines officially listed on the Hong Kong Stock Exchange
China Innovation Airlines Technology Co., Ltd. (hereinafter referred to as "China Innovation Airlines") is listed on the main board of the Hong Kong Stock Exchange , with the stock trading code "3931.HK".
In this IPO, China Innovation Airlines issued 265,845.3 million H shares worldwide, with another 15% over-allotment, of which 1% of the Hong Kong offerings accounted for 1% and 99% of the international offerings accounted for. The offer price is HK$38 per share, which is the lowest price limit for the IPO price range (HK$38.00 to HK$51.00). Each lot of 100 shares is raised, and the funds raised are approximately HK$10.102 billion. After deducting the underwriting expenses and commissions payable for the global offer and estimated expenses, the net proceeds are approximately HK$9.864 billion. Huatai International is its exclusive sponsor.
Auto Event IV: Faraday Future Executive Chairman Susan Swenson announced his resignation.
At the end of last month, FF officially stated that it had reached a final agreement with the company's major shareholder FF Top (FF Global Partners Company) on financing and board restructuring. According to the agreement, FF founder Jia Yueting led the FF Partners Company to successfully reorganize the board of directors of listed companies. The current executive chairman Sue Swenson and former chairman (current director) Brian Krolicki will resign.
And earlier, FF said in a statement that the company's efforts to introduce new funds were affected by completely unfounded false allegations, and some directors sought bankruptcy for their personal gain, which led to litigation and even escalated to physical violence and death threats.
Auto Event 5: NIO layout Argentina lithium ore project
A few days ago, some media reported that NIO planned to invest in the Australian-based ore mining company Greenwing Resources Ltd., the investment amount may exceed 600 million yuan. After obtaining financing, Greenwing will accelerate the development of its San Jorge lithium project in Argentina.
Public information shows that NIO's investment in Greenwing is divided into two parts: First, NIO will pay 12 million Australian dollars (approximately RMB 55.3563 million) to subscribe to approximately 21.8182 million shares of Greenwing shares, with the subscription price of 0.55 Australian dollars per share (allotment).After the subscription is completed, NIO will hold about 12.16% of Greenwing's equity and occupy a seat on the company's board of directors; second, NIO will also obtain some call options, and the exercise price of option is expected to be between 40 million and 80 million US dollars (approximately RMB 289 million and 578 million).
NIO's investment in Greenwing is to accelerate the development of the San Jorge lithium project in Argentina and give priority to becoming a customer of the project. According to the subscription agreement signed by both parties, Greenwing will issue a detailed manual on the San Jorge lithium project to NIO, which can exercise options within one year. Based on the highest price of exercising options, NIO's investment in Greenwing will exceed 600 million yuan. At least 80% of the proceeds from the Greenwing placement will be used for the San Jorge lithium project. If NIO exercises the subscription option, the proceeds will also be used for outstanding options payments for the San Jorge lithium project.
Auto Event 6: Volkswagen will set up a software joint venture in China
According to foreign media reports, Volkswagen is planning to establish a software joint venture in China, which is expected to be officially announced next week. Volkswagen will invest more than 1 billion euros in this regard, two sources said.
Volkswagen has already begun to make plans in domestic intelligent networking. On April 28 this year, CARIAD, a brand new software company under of , announced its China strategy, and CARIAD's Chinese subsidiary was officially established. The company currently has a global employee size of 5,000 people. Its main task is to build a unified software platform for all brands under the Volkswagen Group, including a unified and scalable architecture to support Volkswagen's independently developed operating system VW.OS, and connect to VW Cloud VW.AC. CARIAD's China subsidiary is the company's first subsidiary outside Europe.
"Car News Every Day", here is the latest car news on the day, please continue to pay attention to "The Way to Understand Cars".
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-