Baidu-Geely EV venture cooperates with Continental
On Thursday, JiDU, EV joint venture between Baidu and Geely, signed a strategic cooperation agreement with Continental . Both sides will make full use of their technological and resource advantages to cooperate in such fields as intelligent electric vehicles and autonomous driving.
GAC Group July sales down 1.86% YoY
GAC Group sold 180,518 new vehicles in July, down 1.86% year on year. The cumulative sales in the first seven months jumped 19.68% from a year ago to 1,207,023 vehicles.
Geely Auto announced its new vehicle sales reached 729,512 units for the first seven months of 2021, growing 15% from the previous year and fulfilling 48% of the Group's annual sales target of 1.53 million units.
SAIC Motor posts 22.95% YoY drop in Jul. wholesales
SAIC Motor's new vehicles wholesales reached 352,546 units in July 2021, shrinking 22.95% from the previous year, the company announced on August 6. For the first seven months, the Shanghai-based auto giant sold a total of 2,649,831 vehicles, representing a 5.71% year-on-year growth.
Baidu launches Apolong II
On Thursday, Baidu launched the Apolong II, an upgraded version of its first generation autonomous minibus Apolong. The Apolong II will feature autonomous driving capabilities which is comparable to those of a robotaxi, and will be able to cope with complicated open road scenarios.
Huawei sets up new digital energy company
Shanghai Huawei Digital Energy Technology Co., Ltd. was established with a registered capital of RMB20 million. The new company’s business include online energy computing technology development and new energy technology development.
AIWAYS ships vehicles to Israel
Chinese new energy vehicle startup AIWAYS shipped 60 AIWAYS U5s from Shanghai to Israel. The company has exported six batches of vehicles to Israel with a total export volume of over 350 vehicles.
Dongfeng Motor Group July sales down 22.3%
In July, Dongfeng Motor Group sold 192,340 new vehicles, down 22.3% year on year. In the first seven months of this year, the group’s sales totaled 1,616,751 vehicles, up 16.13% year on year.
NEWRIZON launches two models
On Thursday, NEWRIZON, a smart commercial electric vehicle company in China, launched two new energy vehicle models, the iC1 and the EC1.
Volvo China cuts XC40 Recharge price again
Volvo China said it decided to lower the price of the XC40 Recharge to RMB286,000 ($44,244) after subsidies. It’s the second time for the automaker to cut the model’s price in the past six months.
Hesai Technology, Horizon Robotics agree cooperation on LiDAR solution development
Chinese LiDAR manufacturer Hesai Technology and AI chip developer Horizon Robotics formed a strategic partnership on August 5 to co-work on the development of factory-installed LiDAR solutions for highly automated cars, according to a post on Hesai's WeChat account.
