Market & Industry
GAC Aion invests in Guangdong-based mobility tech company
GAC Aion invests in Guangdong-based mobility tech company

GAC Aion, a NEV-focused wholly-owned subsidiary of GAC Group, has invested in a mobility technology company just set up on June 16.

Jun. 24 , 2021
Pony.ai said to co-build SEA-based EV model with Geely
Pony.ai said to co-build SEA-based EV model with Geely

Chinese autonomous driving startup Pony.ai is in talk with Geely to build an electric vehicle model based on the latter’s Sustainable Experience Architecture (SEA) platform, according to a local media outlet.

Jun. 23 , 2021
ECARX, Visteon, Qualcomm’s co-developed smart cockpit solution to be used in Geely Xingyue L first
ECARX, Visteon, Qualcomm’s co-developed smart cockpit solution to be used in Geely Xingyue L first

Chinese auto tech startup ECARX announced on June 23 the new-generation intelligent cockpit solution it co-develops with Visteon Corporation and Qualcomm Technologies is about to go into volume production.

Jun. 23 , 2021
Borgward said to file for bankruptcy
Borgward said to file for bankruptcy

In 2014, BAIC Foton acquired the iconic German brand and in March, 2019, Ucar, a chauffeured car service provider in China, bought 67% stake of the company with 4.109 billion yuan.

Jun. 21 , 2021
China’s new energy vehicle parc reaches 5.8 million units as of May 2021
China’s new energy vehicle parc reaches 5.8 million units as of May 2021

China’s new energy vehicle (NEV) population amounted to roughly 5.8 million units by the end of 2021, contributing to around 50% of the world’s total NEV volume, according to the China Association of Automobile Manufacturers (CAAM).

Jun. 21 , 2021
China PV sales to grow 10% this year: CAAM
China PV sales to grow 10% this year: CAAM

New energy vehicle sales will surpass 2 million units with an expected gain of 46%.

Jun. 21 , 2021