Market & Industry
BYD’s board of directors approves public listing of BYD Semiconductor
BYD’s board of directors approves public listing of BYD Semiconductor

BYD Company Limited (BYD) announced on June 16 its board of directors has agreed the public listing of its subsidiary BYD Semiconductor Co.,Ltd. on the Shenzhen Stock Exchange's ChiNext market.

Jun. 17 , 2021
ZF Doubles Down on China by Unveiling New Building for Asia Pacific HQ
ZF Doubles Down on China by Unveiling New Building for Asia Pacific HQ

ZF Asia Pacific Region consolidates HQ functions in its new HQ building in Shanghai, getting ready for future growth

Jun. 16 , 2021
Baoneng’s NEV unit to be headquartered in Guangzhou
Baoneng’s NEV unit to be headquartered in Guangzhou

Baoneng NEV will locate its headquarters in Guangzhou Development District, according to an agreement Baoneng Group inked with local authority.

Jun. 16 , 2021
Honda, Nissan, Mazda China sales down in May, only Toyota edges up
Honda, Nissan, Mazda China sales down in May, only Toyota edges up

Among four major Japanese automakers, only Toyota sustained a year-on-year growth in its China sales for the month of May. Honda, Nissan, and Mazda’s China businesses all posted downturn movement in their May sales.

Jun. 12 , 2021
Geely applies for patent related to autonomous driving method backed by cooperative vehicle infrastructure system
Geely applies for patent related to autonomous driving method backed by cooperative vehicle infrastructure system

Zhejiang Geely Holding Group (Geely Holding) and Geely Automotive Research Institute (Ningbo) Co.,Ltd. on June 8 unveiled a patent filed for “an autonomous driving method, system, and vehicle using cooperative vehicle infrastructure system (CVIS)”.

Jun. 12 , 2021
China auto sales down 3.1% year on year in May
China auto sales down 3.1% year on year in May

In the first five months of this year, auto sales of the world’s biggest auto market jumped 36.6% versus the same month of last year to 10.875 million vehicles.

Jun. 11 , 2021