Market & Industry
BYD & DiDi’s ride-hailing EV D1 sees daily outputs of nearly 400 units
BYD & DiDi’s ride-hailing EV D1 sees daily outputs of nearly 400 units

The daily outputs of the D1, the world’s first purpose-built EV model co-developed by Didi Chuxing (DiDi) and BYD for ride-hailing service, currently reaches nearly 400 units, according to a local news report.

Feb. 25 , 2021
Geely Auto announces 'best' solution for business combination with Volvo Cars
Geely Auto announces 'best' solution for business combination with Volvo Cars

Geely Automobile Holdings Limited (Geely Auto) and Volvo Car AB have already found the best solution for combining their businesses, the HK-listed automaker announced on Feb. 24.

Feb. 24 , 2021
China’s NavInfo banks 4 billion yuan from new non-public share issuance
China’s NavInfo banks 4 billion yuan from new non-public share issuance

NavInfo, a leader in China’s navigation map market, said on Feb. 22 it has completed the non-public issuance of 32 million A shares, which will become available for trading on Shenzhen Stock Exchange from Feb. 25, 2021.

Feb. 23 , 2021
China locally-produced PV retail sales in Feb. likely to soar 377% YoY
China locally-produced PV retail sales in Feb. likely to soar 377% YoY

The retail sales of locally-produced PVs (referring to car, SUVs and MPVs) in China are forecasted to reach around 1.19 million units in February, rocketing 377% year on year and sliding 44.9% month on month, according to the CPCA.

Feb. 23 , 2021
SAIC PV, Horizon Robotics team up on developing smart & connected vehicles
SAIC PV, Horizon Robotics team up on developing smart & connected vehicles

SAIC PV claimed on Feb. 22 it entered into an all-around partnership earlier this month with Horizon Robotics, a leading Chinese AI provider, to jointly explore cutting-edge technologies related to auto intelligentization.

Feb. 22 , 2021