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JD Pairs with CATL, GAC to Launch 'National Good Car', Claims No Direct Involvement in Mfg
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JD-SW (09618.HK)(JD.US) announced a collaboration with CATL (03750.HK)(300750.SZ)'s Times Electronics Technology (literal translation of "時代電服") and GAC GROUP (02238.HK)(601238.SH) to launch a mysterious "national good car" on November 9, which will be exclusively sold on the JD platform. JD later clarified that the three parties are jointly launching the new car, with JD primarily providing consumer insights and exclusive sales, without direct involvement in the manufacturing process. Separately, the battery swap version of GAC Aion UT will be jointly launched with JD and Times Electronics Technology, Chinese media reported, citing sources close to GAC Aion. AASTOCKS Financial News Website: www.aastocks.com |
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