Market & Industry
Bosch, Tencent sign MoU for co-driving digital transition of mobility service
Bosch, Tencent sign MoU for co-driving digital transition of mobility service

On Sept. 27, the leading global automotive supplier Bosch and the Chinese Internet giant Tencent entered into a strategic partnership at the Auto China to carry out an in-depth cooperation in IoT (Internet of Things) and AI areas.

Sep. 27 , 2020
August 2020 update of top 5 Chinese EV startups’ insurance registrations
August 2020 update of top 5 Chinese EV startups’ insurance registrations

In August, automakers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for roughly 92,000 homegrown new energy vehicles (NEVs), representing a remarkable surge of 120% from the year ago.

Sep. 27 , 2020
【August, 2020】China Passenger Vehicle Sales Analysis
【August, 2020】China Passenger Vehicle Sales Analysis

China's PV market enjoyed an increase of 6% YoY, growing for four consecutive months.

Sep. 25 , 2020
Li Auto forms strategic partnership with NVIDIA, Desay SV
Li Auto forms strategic partnership with NVIDIA, Desay SV

The automaker will use NVIDIA's Orin on its full-size SUV model planned for 2022.

Sep. 22 , 2020
EV innovator WM Motor raises 10 bln yuan for D round financing
EV innovator WM Motor raises 10 bln yuan for D round financing

WM Motor announced on September 22 the completion of its Series D round financing, which raised 10 billion yuan ($1,472,862,000) in total, the highest-ever amount for a single round of fundraising launched by EV startups.

Sep. 22 , 2020
China’s PV retail sales forecasted to grow 8% year on year in Sept.
China’s PV retail sales forecasted to grow 8% year on year in Sept.

China’s retail sales of homegrown PVs (hereby referring to cars, SUVs and MPVs) are anticipated to grow 8% year on year to roughly 1.915 million units in September, according to the China Passenger Car Association (CPCA).

Sep. 21 , 2020