Market & Industry
Great Wall Motor's first fuel cell SUV to go into mass production in 2021
Great Wall Motor's first fuel cell SUV to go into mass production in 2021

Great Wall Motor (GWM)’s first fuel-cell SUV will be put into volume production in 2021, according to a local media report, as part of endeavors to accelerate its deployment of hydrogen fuel cell vehicles (FCVs).

Sep. 16 , 2020
Baidu Apollo receives China’s first permit for testing ICVs without safety driver
Baidu Apollo receives China’s first permit for testing ICVs without safety driver

Chinese Robotaxi operator Hunan Apollo Intelligent Transportation (Hunan Apollo) was permitted on Sept. 15 by Changsha regulators to test intelligent connected vehicles (ICVs) without any safety officer.

Sep. 16 , 2020
Evergrande Auto wishes to raise HK$4 billion by introducing investors including DiDi
Evergrande Auto wishes to raise HK$4 billion by introducing investors including DiDi

Evergrande Auto announced on September 15 that it has entered into top-up placing arrangements to introduce international investors including Tencent Holdings Limited, Sequoia Capital, Yunfeng Fund and DiDi Chuxing, raising HK$4 billion.

Sep. 15 , 2020
Startup Byton registers new company dubbed “Shengteng” after suspending China operations
Startup Byton registers new company dubbed “Shengteng” after suspending China operations

Stalled Chinese electric vehicle startup Byton registered on September 9 a new firm dubbed “Nanjing Shengteng Automobile Technology Co.,Ltd.” (called “Shengteng” for short), according to Chinese database query platform Tianyancha.

Sep. 11 , 2020
GAC-backed tech company registered to sell graphene materials
GAC-backed tech company registered to sell graphene materials

With GAC Group serving as the incubator, the company dubbed “Guangzhou Juwan”, whose one of major businesses is selling graphene materials, was officially registered on September 7, according to September 7.

Sep. 10 , 2020
China auto sales jump 11.6% year on year in Aug.
China auto sales jump 11.6% year on year in Aug.

China auto production and sales volumes amounted to 2,119,000 units and 2,186,000 units in August, growing 6.3% and 11.6% year on year, according to the China Association of Automobile Manufacturers (CAAM).

Sep. 10 , 2020