On July 22, China Chentong Holdings Group (CCT Group) announced that China Chengtong International Investment Co., Ltd. (Chengtong International), a company funded by CCT Group, signed a strategic cooperation agreement with Zotye Automobile Co., Ltd. (Zotye Auto). Under the agreement, Zotye Auto will enter the Moscow

On June 28, Zotye Auto announced the recent signing of an exclusive agency agreement with SARL AI Auto of Algeria.
According to the agreement, SARL AI Auto will function as an exclusive dealer for Zotye Auto in the Algerian market. The two parties agreed that SARL AI Auto’s annual sales volume over the agreement term

On June 24, Zotye Auto announced the recent signing of an agreement between Hunan Drimac Automobile Manufacturing Co., Ltd. (Drimac Auto) and Eezi (Shenzhen) Technology Co., Ltd. (Eezi Tech) for strategic cooperation in areas such as New Energy Vehicle (NEV) R&D, intelligent connectivity, autonomous driving, intellig

On May 31, Zotye Auto announced the recent signing of a cooperation framework agreement for the assembly and export of finished vehicles with the People’s Government of Tumen Municipality of Jilin Province.
The two parties will jointly establish a new export site. With an “independent + cooperative” multi-front opera

Due to the ongoing vigorous price war, 2023 will turn out to be an exciting and high-profile year for China’s automobile industry. From leading brands to niche brands, from new energy vehicles (NEVs) to internal combustion engine (ICE) vehicles, fierce competition has occurred throughout the year. China’s light vehic

On February 26, Zotye’s Jiangnan Auto subsidiary officially launched the new Jiangnan U2 small electric vehicle (EV), which is available in six models, with prices ranging from CNY 56,800 to 98,800.
The vehicle is based on the J-Smart 1.0 battery electric platform. In terms of appearance, it features an urban retro

On December 19, Zotye Auto announced that Zhejiang Zotye Automobile Manufacturing Co., Ltd., its subsidiary, has recently signed an Exclusive Distribution and Service Agreement with Lvsai International Trade (Yongkang) Co., Ltd. (Lvsai International).
According to the agreement, Lvsai International will distribute pr

On October 20, the Overseas Edition of Zotye Auto's small-sized SUV T300 reached mass production and went offline at Yongkang production base in Zhejiang Province.
The Overseas Edition of the T300 is based on the i-AFA new energy platform, with its overall outline and appearance consistent to the T300, and is mainly

On October 19, Zotye Automobile Co., Ltd. (Zotye Auto) announced that since the completion of its restructuring at the end of 2021, it has been working on the resumption of vehicle production, and the preparatory work for the resumption of production is effectively completed. The first batch of the small-sized SUV T3

On August 19, Zotye Automobile Co., Ltd. (Zotye Auto), an auto manufacturer in China, together with its subsidiary Hunan Jiangnan Automobile Manufacturing Co., Ltd., signed an agreement to build a New Energy Vehicle (NEV) plant in Bishan District, Chongqing.
According to the agreement, Zotye Auto intends to lease a p

On June 11, Zotye Automobile Co., Ltd. (Zotye Auto), an auto manufacturer in China, revealed its plan to raise no more than CNY 6 billion. Zotye Auto will use CNY 4.732 billion to develop intelligent connected New Energy Vehicles (NEVs) and improve its R&D capabilities. CNY 468 million will be used for channel constr

On February 18, Zotye Automobile Co., Ltd. (Zotye Auto) announced that it denied that its two subsidiaries in Linyi have been acquired by Great Wall Motor Co., Ltd. (Great Wall Motor).
According to the announcement, Zotye Auto has two subsidiaries in Linyi. They are Hunan Jiangnan Automobile Manufacturing Co., Ltd. L

On February 8, according to various media sources, Great Wall Motor Co., Ltd. (Great Wall Motor) has acquired Zotye Auto's production plant in Linyi, Shandong Province.
A relevant source in Great Wall Motor disclosed that Great Wall Motor and the Linyi municipal government already signed a contract in November 2021 f

On November 30, Zotye Automobile Co., Ltd. (Zotye Auto) announced that the Jinhua Intermediate People’s Court has approved Zotye Auto’s reorganization plan.
According to the reorganization plan, Jiangsu Shenshang Holding Group Co., Ltd. and/or designated related parties are determined as the reorganization investors

On October 8, Zotye Automobile Co., Ltd. (Zotye Auto) announced that on September 30, according to the result of evaluation and vote, Jiangsu Shenshang Holding Group Co., Ltd. (Jiangsu Shenshang) was finally determined as the company's restructuring investor. Shanghai Taiqi Automobile Technology Partnership (limited

On July 19, Irvine, California-based startup HAAH Automotive Holdings announced it will file for bankruptcy after a conference call with prospective dealers, who had paid nonrefundable deposits ranging from USD 100,000 to US 175,000 per retail site, depending on the market, according to HAAH CEO Duke Hale.
"We don't

On February 4, Ford Motor Co. announced it has decided to terminate plans to launch electric vehicle joint ventures with China's Zotye Automobile.
Ford said that its decision was prompted by changes in China's electric-vehicle industry and government policies since the agreements were signed in 2017 and 2018.
In its

On December 24, Zotye Automobile Co., Ltd. (Zotye Auto) announced that its controlling shareholder Tech-new Group Co., Ltd. (Tech-new Group) would go into bankruptcy procedures according to the court's ruling, as Tech-new Group is insolvent and unable to continue its operation with no possibility of rescue.
Zotye Aut

On December 3, Zotye Automobile Co., Ltd. (Zotye Auto) announced that Yongkang People’s Court of Zhejiang Province accepted the application of creditors for bankruptcy and liquidation of Zotye New Energy Automobile Co., Ltd. (Zotye New Energy), a tier 2 wholly owned subsidiary of Zotye Auto.
Eventually, if Zotye New

On October 14, Zotye Automobile Co., Ltd. (Zotye Auto) announced that it received an application submitted by the Zhejiang Yongkang Rural Commercial Bank to the Jinhua Intermediate People’s Court for approval of Zotye Auto’s reorganization on October 10. As of October 14, Zotye Auto hasn’t received any order from the