Market & Industry
CATL to plow up to RMB10 billion in Yibin power battery production base
CATL to plow up to RMB10 billion in Yibin power battery production base

CATL plans to invest no more than RMB10 billion in a battery production base in Yibin, Sichuan province, the Chinese EV battery giant announced on September 26.

Sep. 26 , 2019
Former Uxin Group’s CMO joins startup WM Motor as Chief Growth Officer
Former Uxin Group’s CMO joins startup WM Motor as Chief Growth Officer

Wang Xin, former Chief Marketing Officer (CMO) of the online used car transaction platform Uxin Group, has joined WM Motor as Chief Growth Officer, according to an internal e-mail released on Sept. 25 by Freeman Shen, the startup’s founder and CEO.

Sep. 25 , 2019
Great Wall Motor, Huawei extend tie-up to ICV, electrification, mobility service
Great Wall Motor, Huawei extend tie-up to ICV, electrification, mobility service

Great Wall Motors (GWM) and Huawei entered into an agreement on Sept. 24 for the strategic collaboration in such technology areas as intelligent connectivity, intelligent driving, smart cockpit, cloud service, big data and mobility service.

Sep. 25 , 2019
DiDi English Serves Over Two Million Users in China
DiDi English Serves Over Two Million Users in China

DiDi,the world’s leading multi-modal transportation platform, today announced that its English language interface in China, DiDi English (“DiDi EN”), has served more than 2 million users across 430 cities in China over the past two years.

Sep. 24 , 2019
Startup NIO’s Q2 revenue totals US$219.7 million
Startup NIO’s Q2 revenue totals US$219.7 million

NIO delivered a total of 3,553 vehicles in the second quarter of 2019, versus 3,989 vehicles handed over during the first three months, the high-profile Chinese EV startup announced on September 24.

Sep. 24 , 2019
Hyundai said to wholly own Sichuan-based CV joint venture
Hyundai said to wholly own Sichuan-based CV joint venture

Sichuan Hyundai Motor Co., Ltd (Sichuan Hyundai), a joint venture between China’s Sichuan Nanjun Automobile Group (CNJ Automobile) and South Korea’s Hyundai Motor, will reportedly be entirely controlled by the Korean shareholder.

Sep. 24 , 2019