Market & Industry
First Geely-backed UK-born while China-made TX5 taxi rolls off production line in Zhejiang
First Geely-backed UK-born while China-made TX5 taxi rolls off production line in Zhejiang

Zhejiang Yinglun Automobile Co., Ltd (Zhejiang Yinglun), one of subsidiaries of Zhejiang Geely Holding Group (Geely Holding), saw its first new energy complete vehicle TX5 come off the production line on December 25, according to local media.

Dec. 28 , 2018
Audi plans to roll out 13 new models for Chinese market in 2019
Audi plans to roll out 13 new models for Chinese market in 2019

Following the all-new Audi A6L, which is soon to hit Chinese market on January 15, there are another 12 new models to be rolled out in this country next year, according to a Chinese media outlet.

Dec. 28 , 2018
Lincoln, ORA, XPENG Motors sell new models on Alibaba’s Tmall first
Lincoln, ORA, XPENG Motors sell new models on Alibaba’s Tmall first

At the end of 2018, a group of automakers decide to sell their new models on Alibaba’s Tmall online retail platform first, including Lincoln, XPENG Motors and Great Wall Motor’s ORA, etc., according to local media.

Dec. 28 , 2018
Chery finds no investor willing to take over its equity by increasing capital
Chery finds no investor willing to take over its equity by increasing capital

Chery Holding and Chery Automobile Co.,Ltd (Chery Automobile) failed to find a new investor who is willing to acquire certain portion of stakes in both two companies by injecting capitals.

Dec. 26 , 2018
FAW-Volkswagen all-new brand to be named “Jeda” in Chinese
FAW-Volkswagen all-new brand to be named “Jeda” in Chinese

Volkswagen is about to launch an all-new sub-brand on February 26 next year in Wolfsburg, Germany, which will be introduced to Chinese market and manufactured by FAW-Volkswagen (FAW-VW), according to a Chinese media outlet.

Dec. 26 , 2018
Baidu Apollo given another 20 licenses by Beijing for autonomous car road tests
Baidu Apollo given another 20 licenses by Beijing for autonomous car road tests

Baidu’s Apollo autonomous driving platform has obtained another twenty licenses for autonomous vehicle road tests from Beijing’s authority on December 25. Just a day ago, Tianjin’s first ICV road test license was issued to the Internet giant.

Dec. 26 , 2018