Vietnam’s largest conglomerate, Vingroup, announced Monday the formation of a new electric powered car and scooter rental organization that will use VinFast EVs to promote green mobility. Vingroup aims to “create a far better lifestyle for people” by way of its sustainable know-how, expert services, and social enterprises. Despite owning […]
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BYD Acquires an Internet Insurance Company for $530M
In accordance to Chinese business information query platform Tianyancha, BYD’s proposed acquisition value 3.6 billion yuan ($530 million) for Yi’an Assets Insurance Co., Ltd. was put in put on January 31. BYD will purchase 100{e410be007f3fd0fc7192ddce64f064014ac3d4d0ef675ed9817a95680a41cfee} fairness of the Online insurance policy company. Yi’an Residence Coverage, set up in February 2016, […]