The Chinese automaker, Hycan, is a joint venture between the state-owned Guangzhou Automobile Group Co ( GAC) and NIO formed in 2017 and headquartered in Hangzhou. The company is formed with a registered capital of 500 million yuan ($70 million). Shareholding of the company includes the management team, which holds 10%, with GAC and NIO splitting the remaining 90%. Production is handled by GAC while NIO takes charge of the distribution.
Hycan Electric Vehicles
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Top 5 EV News Week 26 2020
Top 5 EV News Week 26 2020 | California pushes the world to electric trucks, Britain fast tracks 100% EV adoption, new EV models launched this week.
Top 5 EV News Week 25 2020
Top 5 EV News Week 25 2020: Bunch of new EVs launched this week. We look at the Lordstown Endurance electric pick-up to be launched later this week.
Top 5 EV News Stories Week 24 2020
Top 5 EV News Week 24 2020 | In this week’s newsletter, we look at EV incentives, a new EV start-up down under, coupled with the normal review of new models and announcements.
WEEKLY TOP 5 EV NEWSLETTER
