Market & Industry
Baidu’s third Apollo Park launched in Shanghai
Baidu’s third Apollo Park launched in Shanghai

On July 28, Chinese Internet giant Baidu put into operation its third Apollo Park, an industrial complex designed to inject impetus to Baidu’s efforts to commercialize its smart transportation technologies.

Jul. 28 , 2021
EV startup Skyworth Auto puts NEV model EV6 onto market
EV startup Skyworth Auto puts NEV model EV6 onto market

Chinese EV startup Skyworth Auto announced on Tuesday its fire new SUV model EV6 hit the market. The new model currently offers four all-electric trim levels, which are priced between 152,800 yuan ($23,480) to 249,800 ($38,390) after subsidies.

Jul. 28 , 2021
JAC Group expected to gain 480 million yuan in semi-annual net profit
JAC Group expected to gain 480 million yuan in semi-annual net profit

JAC Group announced on Tuesday its net profit attributable to shareholders is anticipated to reach roughly 480 million yuan ($73.77 million) for the first half of 2021, rocketing from the net loss of 147.44 million yuan for the year-ago period.

Jul. 28 , 2021
GAC Aion’s ADiGO self-driving system uses RoboSense’s 2nd-generation solid-state LiDAR
GAC Aion’s ADiGO self-driving system uses RoboSense’s 2nd-generation solid-state LiDAR

GAC AION, GAC Group’s wholly-owned subsidiary dedicated to NEV business, has adopted the second-generation smart solid-state LiDAR of RoboSense for its ADiGO autonomous driving system, according to a post on RoboSense’s WeChat account.

Jul. 27 , 2021
Foreign automakers see double-digit H1 sales growth in China
Foreign automakers see double-digit H1 sales growth in China

Despite those foreign automakers’ first-half sales growth, their market shares in China all declined versus the same period of last year.

Jul. 26 , 2021
GAC Toyota’s NEV capacity expansion project 1st phase begins operation
GAC Toyota’s NEV capacity expansion project 1st phase begins operation

GAC Toyota announced on July 25 the first phase of its new energy vehicle (NEV) capacity expansion project has started operation in Nansha District, Guangzhou.

Jul. 26 , 2021