China-based autonomous driving startup Momenta claimed on October 17 that it has closed a new-round financing that made the startup valued at more than $1 billion, according to local media.
Oct. 18 , 2018
The Chery EXEED TX, the first model under Chery’s new vehicle brand the EXEED ( “Xiandao” in Chinese) will make its debut on November 1. Based on Chery’s M3X platform and positioned as a compact SUV, the new model will hit the market next year.
Oct. 18 , 2018
China has owned 322 million motor vehicles and 403 million drivers by the end of September, the Traffic Management Bureau of China’s Ministry of Public Security said on October 17.
Oct. 18 , 2018
Groupe Renault and Brilliance China Automotive Holdings Limited (Brilliance) signed on October 16 a strategic cooperation agreement with Chinese officials on behalf of Liaoning provincial government to further speed up development of LCVs in China.
Oct. 17 , 2018
Ford Motor launched the all-new Territory mid-sized SUV in China on October 16 and announced its Chinese name “Lingjie” at the same time.
Oct. 16 , 2018
China saw its PV sales in September decline 12% year on year (YoY) to around 2.0247 million units, while grew 15% compared with the previous month, according to the sales data from the China Passenger Car Association (CPCA).
Oct. 16 , 2018