Baidu unveiled a Level 4 production autonomous vehicle model jointly developed with Hongqi, the premium car brand of FAW Group, at Baidu World 2018 on November 1.
Nov. 1 , 2018
On October 30, Hongqi launched its technology strategy R.Flag with an aim to build advanced environment-friendly and intelligent technology platform. The strategy comprises of four strategic plans, i.RFlag, e.RFlag, 5f.RF
Oct. 31 , 2018
BAIC Group, BAIC Motor Corporation Limited (BAIC Motor), BAIC BJEV, BAIC ROCAR and BAIC Mobility agreed to build a joint venture focusing on IT (information technology) businesses, according to an announcement released by BAIC Motor on October 30.
Oct. 31 , 2018
From January to September, SAIC Motor’s revenues totaled RMB674.741 billion, climbing 10.97% over the previous year and the net profits attributable to shareholders grew 12.31% year on year (YoY) to RMB27.672 billion.
Oct. 30 , 2018
Changan Automobile’s sales revenue totaled RMB 49.85 billion in the first nine months, down 3% compared with the same period of last year. During the period, the automaker’s net profit plunged nearly 80% to RMB 1.16 billion.
Oct. 30 , 2018
GAC Group posted a year-on-year (YoY) growth of 2.79% with its revenues for the first three quarters totaling RMB52.822 billion. Meanwhile, its cumulative net profits attributable to shareholders rose 10.02% over a year ago to RMB9.86 billion.
Oct. 30 , 2018