Market & Industry
Tencent said to be approached by OEMs for promoting in-car WeChat
Tencent said to be approached by OEMs for promoting in-car WeChat

Several mainstream OEMs are in talks with Tencent to introduce WeChat app into their vehicles, according to a local media outlet, citing people from Tencent’s smart mobility unit.

Dec. 18 , 2019
DiDi seeks to jointly develop tailor-made vehicles with OEMs
DiDi seeks to jointly develop tailor-made vehicles with OEMs

Chinese ride-hailing giant Didi Chuxing (DiDi) is seeking to partner with OEMs on the R&D of vehicles tailor-made for its car-hailing services, according to the speech delivered by Chen Ting, senior vice president of DiDi.

Dec. 18 , 2019
GAC NIO’s HYCAN to launch first mass-produced model on Dec. 27
GAC NIO’s HYCAN to launch first mass-produced model on Dec. 27

HYCAN, the EV brand launched by GAC NIO New Energy Automotive Co.,Ltd (GAC NIO), is about to unveil its first all-electric SUV model on December 27, according to a post on HYCAN’s WeChat account, just one day ahead of the third NIO DAY.

Dec. 17 , 2019
GWM-BMW JV given approval for establishment of foreign-invested enterprise
GWM-BMW JV given approval for establishment of foreign-invested enterprise

Spotlight Automotive, the joint venture between Germany’s BMW Group and China’s Great Wall Motor (GWM), has been granted China’s governmental approval for establishment of enterprises with foreign investment.

Dec. 16 , 2019
XPENG Motors says collective share pledge is for the sake of equity structure improvement
XPENG Motors says collective share pledge is for the sake of equity structure improvement

All 47 shareholders of Guangzhou Chengxing Zhidong Automobile Technology Co., Ltd, also known as XPENG Motors, have made the equity stakes they hold in the Guangzhou-based EV startup pledged on December 10.

Dec. 16 , 2019
Volvo Cars' all-new S60 hits market, starting at 286,900 yuan
Volvo Cars' all-new S60 hits market, starting at 286,900 yuan

Volvo Cars’ all-new S60 went on sales in China on December 12 with seven variants covering four types of powertrain, T3, T4, T5 and T8.

Dec. 16 , 2019