Chinese state-owned automaker Jianghuai Automobile Group (JAC) plans to raise up to CNY4.9bn (US$695m) through a share placement to fund the production of luxury smart battery electric vehicles (BEVs) ...
JAC Motors Italy to serve as a hub for European expansion.
BEIJING (Reuters) -Guangzhou Automobile Group (GAC) and JAC Group expect to post their biggest ever second-quarter losses next month, as the state-owned Chinese automakers struggle with competition at ...