Market & Industry
Baidu showcases newest autonomous car without safety driver
Baidu showcases newest autonomous car without safety driver

At the Baidu World 2020, Baidu showcased the newest autonomous car it jointly developed with Hongqi, FAW Group's premium car brand, which has no safety driver behind the steering wheel.

Sep. 15 , 2020
China’s CATL announces $1.5 billion overseas bond issuance
China’s CATL announces $1.5 billion overseas bond issuance

Chinese battery giant announced on Sept. 12 a successful issuance of $1.5 billion in senior dual-tranche fixed rate bonds in overseas market, which is regarded as part of efforts to improve its global deployment.

Sep. 14 , 2020
August 2020 update: retail sales of four Japanese automakers in China
August 2020 update: retail sales of four Japanese automakers in China

For the month of August, both Toyota and Honda sustained double-digit growth in their China deliveries. Nissan and Mazda failed to gained increase, while only faced year-on-year decrease below 3%.

Sep. 11 , 2020
Bright spots of Chinese public automakers’ first half 2020 financial results
Bright spots of Chinese public automakers’ first half 2020 financial results

Under the stagnant market climate, many automakers faced evident decrease in their first-half revenue and net profit, but some bright spots are still worth mentioning.

Sep. 10 , 2020
FAW Group says August vehicle sales jump 14% from a year ago
FAW Group says August vehicle sales jump 14% from a year ago

FAW Group, one of China’s major state-owned automakers, said its vehicle production and sales volumes reached 303,079 units and 314,454 units in August, rising 8.8% and 14% respectively over a year earlier.

Sep. 10 , 2020
CATL, Changan Automobile to team up on intelligent-connected EV, smart energy ecosystem
CATL, Changan Automobile to team up on intelligent-connected EV, smart energy ecosystem

Chinese power battery giant CATL and automaker Chongqing Changan Automobile Co., Ltd. (Changan) has signed an agreement for the long-term in-depth strategic cooperation on intelligent-connected EVs and smart energy ecosystem,

Sep. 9 , 2020