Dongfeng Motor Group

Stellantis Repurchases €934 Million in Shares from Dongfeng, in Accordance with Pre-Existing Share Repurchase Framework

Retrieved on: 
Wednesday, November 22, 2023
Share repurchase, Dongfeng Motor Group, Dongfeng Motor Corporation, Automotive industry

Stellantis Repurchases €934 Million in Shares from Dongfeng, in Accordance with Pre-Existing Share Repurchase Framework

Key Points: 
  • Stellantis Repurchases €934 Million in Shares from Dongfeng, in Accordance with Pre-Existing Share Repurchase Framework
    AMSTERDAM, November 22, 2023 - Stellantis N.V. (“Stellantis”) and Dongfeng Motor (Hong Kong) International Co., Limited, a subsidiary of Dongfeng Motor Group Company Limited (“Dongfeng”), confirm they have executed a transaction in which Stellantis will repurchase 50 million common shares (1.58% of Stellantis’ share capital pre-cancellation) from Dongfeng, for a total consideration of €934 million.
  • Dongfeng will retain 49.2 million common shares, representing 1.58% of Stellantis’ share capital post-cancellation, and the share repurchase framework agreed between the two parties remains in place with respect to such shares.
  • The purchase of Stellantis common shares by Stellantis from Dongfeng was carried out under the authority granted by Stellantis’ general meeting of April 13, 2023.
  • The share repurchase transaction with Dongfeng will not impact Stellantis’ €1.5 billion open-market share repurchase program announced February 22, 2023, which is expected to complete by the end of 2023.

Nissan CASE (Connectivity, Automation, Sharing and Electrification) Layout Research Report 2023: Two Leverages for Dongfeng Nissan to Turn the Tables - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 26, 2023
Automotive, Other Automotive, Electron capture, Dongfeng Motor Group, Travel, Table, Accident, Venucia V-Online, Torque, IVI, Venucia T60, Intelligence, XPeng, Research, AC, HUD, NIO, SUV, IQIYI, H3, Connectivity, NISSAN, ADAS, Ecosystem, Visual perception, Safety, KTV, ECU, AR, Li Auto, Automotive industry, Electric battery, Renewable energy, L1, Nissan, Venucia, Automation, Venucia Xing, Infiniti, Dongfeng Nissan, L2

The "Nissan CASE (Connectivity, Automation, Sharing and Electrification) Layout Research Report, 2022-2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Nissan CASE (Connectivity, Automation, Sharing and Electrification) Layout Research Report, 2022-2023" report has been added to ResearchAndMarkets.com's offering.
  • Nissan CASE research: two leverages for Dongfeng Nissan to turn the tables.
  • Dongfeng Nissan, a 50:50 joint venture between Nissan China and Dongfeng Motor Group, operates three brands: Nissan, Venucia and Infiniti.
  • ProPilot 2.0, an ADAS system currently used by Nissan, was released as early as 2019 and was introduced to China in 2021.

BeyonCa: A New Age of Super Premium Smart EVs

Retrieved on: 
Monday, October 31, 2022
Opus, View, Multimedia, History, GT, Solution, Electronics, Philosophy, City, Industry, Personality, Entrepreneurship, Health status of White Americans, EV, Ecosystem, Dongfeng Motor Group, Mobile phone

Weiming Soh, Founder and Chairman of BeyonCa, said: "The BeyonCa GT Opus 1 truly signifies what BeyonCa stands for, as we set out to define the super-premium smart EV segment.

Key Points: 
  • Weiming Soh, Founder and Chairman of BeyonCa, said: "The BeyonCa GT Opus 1 truly signifies what BeyonCa stands for, as we set out to define the super-premium smart EV segment.
  • The result of our team's work is the perfect combination of design, craftsmanship, comfort, sportiness, and an amazing experience."
  • Christian Klingler, Co-Founder of BeyonCa, said: "BeyonCa has a very clear idea, to define what it means to be a smart, super-premium car brand.
  • The BeyonCa GT Opus 1 exemplifies the personality of a next generation super premium EV, designed by a team with decades of experience creating super premium and luxury cars.

BeyonCa: A New Age of Super Premium Smart EVs

Retrieved on: 
Monday, October 31, 2022
Opus, History, GT, Solution, Electronics, Philosophy, City, Industry, Personality, Entrepreneurship, Health status of White Americans, EV, Ecosystem, Dongfeng Motor Group, Mobile phone

Weiming Soh, Founder and Chairman of BeyonCa, said: "The BeyonCa GT Opus 1 truly signifies what BeyonCa stands for, as we set out to define the super-premium smart EV segment.

Key Points: 
  • Weiming Soh, Founder and Chairman of BeyonCa, said: "The BeyonCa GT Opus 1 truly signifies what BeyonCa stands for, as we set out to define the super-premium smart EV segment.
  • The result of our team's work is the perfect combination of design, craftsmanship, comfort, sportiness, and an amazing experience."
  • Christian Klingler, Co-Founder of BeyonCa, said: "BeyonCa has a very clear idea, to define what it means to be a smart, super-premium car brand.
  • The BeyonCa GT Opus 1 exemplifies the personality of a next generation super premium EV, designed by a team with decades of experience creating super premium and luxury cars.

Stellantis and Dongfeng Agree on a Share Repurchase Framework

Retrieved on: 
Friday, July 15, 2022
DS Automobiles, Maserati, Ram, Abarth, Car, Dodge, NYSE, Opel, Alfa Romeo, Chrysler, Dongfeng Motor Corporation, International Co-operative Alliance, Fiat, ABB, Dongfeng Motor Group, STLA, Peugeot, Lancia, Motor vehicle, HOA, Limited, Wesley Leasy, Stellantis

AMSTERDAM, July 15, 2022 Stellantis N.V. and Dongfeng Motor (Hong Kong) International Co., Limited, a subsidiary of Dongfeng Motor Group Company Limited (Dongfeng) have executed a heads of agreement (HOA) related to the 99.2 million common shares in Stellantis held by Dongfeng, representing 3.16% of Stellantis share capital.

Key Points: 
  • AMSTERDAM, July 15, 2022 Stellantis N.V. and Dongfeng Motor (Hong Kong) International Co., Limited, a subsidiary of Dongfeng Motor Group Company Limited (Dongfeng) have executed a heads of agreement (HOA) related to the 99.2 million common shares in Stellantis held by Dongfeng, representing 3.16% of Stellantis share capital.
  • Under the HoA, Dongfeng may from time to time submit an offer to sell to Stellantis, all or a portion of the Stellantis common shares held by Dongfeng.
  • Any purchase of Stellantis common shares by Stellantis from Dongfeng will be carried out under the authority granted by the general meeting of April 13, 2022, as possibly renewed or extended.
  • Stellantis will inform the market if it accepts an offer from Dongfeng and agrees to purchase the offered shares.

VOYAH FREE Opened in Europe, and VOYAH Showroom Kicked Off.

Retrieved on: 
Sunday, June 19, 2022
Vehicle Technology, Automotive, General Automotive, Other Automotive, EV, Electric Vehicles, Alternative Vehicles, Fuels, CTO, Sound, Technology, CEO, Dongfeng, Dongfeng Motor Group, MPV, Multimedia, SUV, Mobile phone, Nordic

"Performance-grade intelligent electric SUV- VOYAH FREE" opened in Europe when it was selling well in the Chinese market for nearly a year.

Key Points: 
  • "Performance-grade intelligent electric SUV- VOYAH FREE" opened in Europe when it was selling well in the Chinese market for nearly a year.
  • View the full release here: https://www.businesswire.com/news/home/20220619005032/en/
    The first overseas VOYAH Showroom is located in the center of Oslo, Norway, with VOYAH FREE unveiled in Norway as well.
  • VOYAH FREE, the first model of VOYAH Automobile to be exported to Europe, is compatible with Norway's local geographical climate, environmental protection concept and market demand for high-end electric vehicles.
  • It is reported that Norwegian users can make an appointment for the test drive of VOYAH FREE shortly after the opening of Oslo VOYAH Showroom.

Global and China Heavy Truck Industry Report, 2021-2022 & 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 15, 2022
Automotive, General Automotive, Technology, Ministry, Record, Classification, Winter, Industrialisation, Qingling Motors, Winter Olympic Games, FAW Jiefang, Shaanxi Automobile Group, Dongfeng Motor Group, Ministry of Finance of the People's Republic of China, Carbon, JAC, Growth, III, Policy, SAIC Iveco Hongyan, Ownership, Animal, Rail freight transport, Rail transport, Renewable energy, Heavy equipment

The "Global and China Heavy Truck Industry Report, 2021-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and China Heavy Truck Industry Report, 2021-2027" report has been added to ResearchAndMarkets.com's offering.
  • From 2016 to 2020, China's heavy truck sales surged from 728,000 units to 1,617,000 units, hitting new records for the consecutive four years.
  • It is conceivable that China's heavy truck ownership will reach 11.7 million units in 2025.
  • Global and China Heavy Truck Industry Report, 2021-2027 highlights the following
    China heavy truck industry (definition and classification, development trends, technology, industry standards, etc.)

High-End Electric Vehicle Brand VOYAH Officially Landed in Norway

Retrieved on: 
Friday, March 11, 2022
General Automotive, Automotive, Alternative Vehicles, Fuels, Electricity, Dongfeng Motor Corporation, Dongfeng Motor Group, City, Intelligence, Norwegians, CEO, Marketing, Multimedia, Motor vehicle

On March 10, 2022, VOYAH, the high-end electric vehicle brand from Dongfeng Group, officially landed in Norway on the "cloud" side, with representatives from China Dongfeng Motor Industry Imp.

Key Points: 
  • On March 10, 2022, VOYAH, the high-end electric vehicle brand from Dongfeng Group, officially landed in Norway on the "cloud" side, with representatives from China Dongfeng Motor Industry Imp.
  • A follow-up will be offered to Norwegian customers to offer high-performance electric vehicle products and excellent service.
  • Torje Aleksander Sulland, CEO of Electric Way Norway, said: "Its our pleasure to work with Dongfeng Motor, one of the largest automakers in China, to introduce VOYAH to Norway, the first stop in Europe.
  • Norwegians own the highest electric vehicles proportion worldwide, making it the starting point for Chinas fastest-growing new energy vehicle brand.

China Gas (00384) to Target the Trillion-Dollar New Energy Market Strategic Agreements with Industry Leaders to Support China's Dual-Carbon Policy Goals

Retrieved on: 
Wednesday, December 1, 2021
Carbon, Zero, Agreement, COP26, Government, China Three Gorges Corporation, Adoption, Carbon Peak, Wind, Conference, Industry, Dongfeng Motor Corporation, Company, Group, Hydrogen, Goal, 2019 UN Climate Action Summit, Stock exchange, Climate change, Dongfeng Motor Group, Hubei, Solar energy, Car, Growth, Shanghai Stock Exchange, Renewable energy

China has also set forth a 'dual carbon' national policy - reaching carbon emissions peak by 2030 and achieving carbon neutrality by 2060.

Key Points: 
  • China has also set forth a 'dual carbon' national policy - reaching carbon emissions peak by 2030 and achieving carbon neutrality by 2060.
  • In late November, China Gas announced a strategic cooperation agreement signed with Yangtze Three Gorges Investment Management Co., Ltd., a subsidiary under China's biggest clean energy group, China Three Gorges Corporation (https://www.ctg.com.cn/en/).
  • Earlier in November, China Gas announced another strategic cooperation agreement with Dongfeng Motor Corporation to lead the net-zero transformation of the auto industry in China.
  • The Company sees strong growth potential in the new energy market against the backdrop of China's national policy to combat climate change.

Dongfeng Motor Group and Ambarella Partner on Driver Monitoring System for Yixuan Max Mass-Production Vehicle

Retrieved on: 
Wednesday, September 22, 2021
Dongfeng Motor Group, SOC, Partnership, Deep learning, Solution, NASDAQ, Driver Monitoring System, ADAS, CEO, HEV, Fatigue, Socs, Technology, Silicon, Telephone, Safety, DMS, Smoking, Robotics, AVB, Light, Dongfeng Motor Corporation, Time, Euro, GLOBE, Motor vehicle, Television

The first mass-production application of this system is in the Dongfeng Fengshen Yixuan Max, which launched on September 1st.

Key Points: 
  • The first mass-production application of this system is in the Dongfeng Fengshen Yixuan Max, which launched on September 1st.
  • Yixuan Max adopts Dongfengs new Mach Power, a new engine brand from Dongfeng Motor.
  • Yixuan Max is also the first compact HEV sports vehicle based on DSMA, a framework that was independently designed and developed.
  • Additionally, Yixuan Max is expected to be a star product in Dongfeng Fengshens strategic transformation.