Market & Industry
Geely Automobile sees first-half net profit tumble 40%
Geely Automobile sees first-half net profit tumble 40%

Geely Automobile Holdings Limited said on August 21 its semi-annual net profit attributable to the equity holders of the company plunged 40% year on year to RMB 4,009,475,000. Besides, the first-half revenue also declined 11% to RMB47,558,617,000.

Aug. 21 , 2019
DiDi denies plan of merging autonomous driving business with NIO’s
DiDi denies plan of merging autonomous driving business with NIO’s

DiDi said it doesn’t have any plans about the merger of two companies’ autonomous driving arms, but it will continue the in-depth collaboration with automobile industry.

Aug. 21 , 2019
Chery builds joint venture with China’s ICT leader ZTE for 5G application
Chery builds joint venture with China’s ICT leader ZTE for 5G application

Chery Automobile on August 17 forged a strategic partnership with Chinese telecommunications and information technology provider ZTE Corporation (ZTE) to jointly develop auto-related application of 5G technology.

Aug. 21 , 2019
Data Talk: China-owned MPVs urged to be upgraded
Data Talk: China-owned MPVs urged to be upgraded

Today, we will close Data Talk’s chapter of PV category with the MPV.

Aug. 20 , 2019
NIO denies rumor of leaving NYSE, while re-going public on China’s STAR market
NIO denies rumor of leaving NYSE, while re-going public on China’s STAR market

NIO doesn't plan to go public on China's tech-focused science and technology innovation board (STAR Market) in near term and its office in Silicon Valley is still in a normal operational status, the Chinese EV startup announced on August 19.

Aug. 19 , 2019
Top 10 locally-produced PV, car, SUV models in China by July wholesale volume
Top 10 locally-produced PV, car, SUV models in China by July wholesale volume

There were only two SUV models—the Haval H6 and the CR-V—among the top 10 PV models by wholesale volume for the month of July. The others were all car models.

Aug. 16 , 2019