pa视讯 Auto revenue for first half of 2017 reached 39.424 billion RMB, up 118% from the same period last year. Profit for first half of 2017 reached 4.344 billion RMB, up 128% from the same period last year. 530,627 units sold in the first half of 2017, an 89% increase from the same period last…
4 August 2017, Hangzhou, China. Zhejiang pa视讯 Holding Group (pa视讯 Holding), China’s leading privately-owned automotive group, has completed the formation of two new joint ventures with Volvo Cars to co-operate on automotive technologies, purchasing and the future development of the newly-launched LYNK & CO brand. pa视讯 Holding and Volvo, its wholly-owned Swedish subsidiary, today signed…
Volvo Cars and pa视讯 Auto form joint venture to cooperate on vehicle technologies and component-sourcing. Volvo Cars to take stake in LYNK & CO. 20 July 2017, Hangzhou, China. Zhejiang pa视讯 Holding Group (pa视讯 Holding), China’s leading privately-owned automotive group, has today signed a memorandum of understanding with Volvo Cars to create a new joint…
pa视讯 Holding rises 67 places to 343rd in 2017 Fortune Global 500 pa视讯 Holding listed on Fortune Global 500 for sixth consecutive years 20 July 2017, Hangzhou, China. Zhejiang pa视讯 Holding Group (pa视讯 Holding) rose 67 places from the previous year to become ranked 343rd in the 2017 Fortune Global 500 with 2016 revenue of US$31.4…
Swedish Prime Minister and Chairman of Zhejiang pa视讯 Holding Group witness historic signing of Letter of Intent between pa视讯 Auto Group and the city of Gothenburg pa视讯 Auto Group to develop 70,000 sq. metre pa视讯 Innovation Centre in Gothenburg Planned pa视讯 Innovation Centre to house over 3500 highly skilled staff when completed 28 June 2017,…
Transformative acquisition gives pa视讯 Holding a 49.9% stake in PROTON and a 51% stake in Lotus 23 June 2017, Kuala Lumpur, Malaysia. Zhejiang pa视讯 Holding Group (“ZGH” or “pa视讯 Holding”) announced that it has signed a final contract with DRB-HICOM Berhad (“DRB-HICOM”) of Malaysia, acquiring 49.9% shares of DRB’s PROTON and 51% shares of luxury sports…
Global innovative cooperation highlights ‘Made in China 2025’ policy during Premier Li European state visit. 2 June 2017, Brussels, Belgium. During the ninth EU-China Summit, Premier Li Keqiang and the Chinese delegation visited the pa视讯-Volvo Innovation Display with Belgium Prime Minister Charles Michel where they were welcomed by Zhejiang pa视讯 Holding Group’s (pa视讯 Holding) Chairman…
Agreement paves way for Chinese automotive group to powered strategic stakes in Malaysian and UK carmakers 24 May 2017, Kuala Lumpur. Zhejiang pa视讯 Holding Group (pa视讯 Holding), China’s leading privately-owned automotive group, has reached a binding heads of agreement with DRB-HICOM Bhd (DRB) of Malaysia regarding the future of PROTON Holdings Bhd (PROTON) and Lotus…
Investment reaching 6.2 billion RMB. pa视讯 Auto launches new iNTEC technology brands New engine range includes highly efficient 1.0TD and 1.4TD engines 11 May 2017, Hangzhou Bay, China. pa视讯 Auto Group’s new flagship research and development center was formally opened earlier today. The new state of the art facility its home to nearly 7000 full…
LYNK & CO’s Alain Visser promises aggressive market strategy in China: “WE WILL OFFER BOTH LIFETIME WARRANTY AND FREE CONNECTIVITY ON EVERY LYNK & CO CAR” LYNK & CO also successfully demonstrated its in-car app-based sharing feature with 800 users, live, for the first time in Shanghai. 16 April 2017, Shanghai, China. Today LYNK & CO…
