TuanChe Limited (TC) shares were rising 13.82% to trade at $2.47 in current market at last check. TC stock closed previous session at $2.17. The stock volume remained 0.12 million shares, which was higher than the average daily volume of 42230.0 shares within the past 50 days.
TuanChe Limited (TC) shares have fallen by -43.93% over the last 12 months, and they have moved down by -21.38% in the past week. Over the past three months, the TuanChe stock has lost -0.91%, while over the past six months, it has shed -19.63%. Further, TuanChe has a current market of $47.05 million and its outstanding shares stood at 19.23 million. TC stock has been surging for its EV efforts.
What EV endeavors TuanChe has been making?
Established in 2010, TuanChe Limited (TC) is a main coordinated car commercial center in China. TuanChe offers administrations to associate car customers with different industry players like automakers, sellers and other auto specialist co-ops. TuanChe gives auto advertising and exchange related administrations by coordinating its web-based stages with disconnected deals occasions. Through its coordinated promoting arrangements, TuanChe transforms individual and confined vehicle buy exchanges into huge scope aggregate buy exercises by establishing an intelligent many-to-numerous climate.
TuanChe Limited (TC) as of late uncovered its primer arrangement for the new electric vehicle (EV) business.
- TuanChe looks to separate its EV models from different models available that are either extravagant or over-stacked with new innovations.
- TuanChe will likely send off two EV models inside three years, and our first achievement for the new business is to sell 100,000 vehicles.
- TuanChe Limited (TC) gauges the cost for its first EV model to be somewhere in the range of RMB100,000 and RMB200,000.
- For the new EV business, TuanChe will collect a center group of in excess of 100 specialists, whose aptitude covers generally key regions from R&D and plan to assembling.
- TuanChe will choose accomplices with driving and mature advances and corresponding assets to empower them to rapidly develop center capacities vital for achievement in the EV business, including configuration, assembling, and deals and advertising.
TuanChe’s business fragments:
- The EV business at TuanChe will have three fragments with first section to incorporate liabilities from EV plan to assembling, which will be driven by the center group.
- The subsequent will brand, showcasing and deals, for which TuanChe can use its insight and benefits aggregated from its auto advertising and exchange working with business.
- The third is client local area activity. Its organization can likewise help TuanChe straightforwardly reach and serve its clients.
How TuanChe will be pushing ahead:
TuanChe Limited (TC) will use its broad appropriation organization, deals abilities and amassed insight to help the new EV business. As a main coordinated auto commercial center in China, TuanChe has set up a cross country disconnected deals network covering in excess of 230 urban communities, going from first-level urban communities to far off unassuming communities. The organization will empower TuanChe to straightforwardly arrive at target clients and effectively give after-deals administrations.