Market & Industry
BYTON M-Byte SUV’s first pre-production prototype rolls off production line
BYTON M-Byte SUV’s first pre-production prototype rolls off production line

Chinese EV startup BYTON saw its first pre-production prototype of the M-Byte SUV roll off the production line at its Nanjing plant on October 23, according to a posting on the social media platform of Dr. Daniel Kirchert, the startup’s CEO.

Oct. 24 , 2019
Huawei to develop core auto sensors for ICVs
Huawei to develop core auto sensors for ICVs

Huawei, the leading global provider of ICT infrastructures and smart devices, will develop an ecosystem of sensors for intelligent-connected cars, such as LiDAR and millimeter-wave radar, according to the company’ rotating chairman Xu Zhijun.

Oct. 23 , 2019
Jiangling Motors boasts 198.65% year-on-year surge in Q3 net profit
Jiangling Motors boasts 198.65% year-on-year surge in Q3 net profit

Jiangling Motors Corporation Ltd. (JMC) reported a 198.65% year-on-year surge in the third-quarter (Q3) net profit attributable to the company’s equity holders, while the profit for the first three quarters was still less than that of a year ago.

Oct. 23 , 2019
Saleen to announce price of MaiMai BEV during China’s “Double 11” shopping spree
Saleen to announce price of MaiMai BEV during China’s “Double 11” shopping spree

Supercar builder Saleen is going to announce the price of its new all-electric microcar called MaiMai via the e-commerce platform Tmall on November 11 amid the world’s largest online shopping festival, also known as “Double 11”.

Oct. 22 , 2019
Volvo Group Venture Capital invests in cybersecurity
Volvo Group Venture Capital invests in cybersecurity

Volvo Group Venture Capital AB has invested in Upstream Security, a leading Israeli automotive cybersecurity company. The investment will fund the development of systems to protect connected vehicles following the introduction of data-driven tech.

Oct. 21 , 2019
Revealed: Sept. sales in premium automakers’ China market
Revealed: Sept. sales in premium automakers’ China market

Chinese auto market faced its 15th-month-in-a-row sales downturn as of September, but it seems that the premium car field has not been coolened by the general decline.

Oct. 21 , 2019