Market & Industry
Baidu sets up joint intelligent transportation laboratory
Baidu sets up joint intelligent transportation laboratory

Recently, Baidu Maps established a joint laboratory for intelligent transportation with nine research institutes and universities, aiming to drive joint innovation and upgrade the level of smart transportation through sharing the data.

Dec. 11 , 2019
China unveils first batch of pilot regions to building of national strength in transportation
China unveils first batch of pilot regions to building of national strength in transportation

China’s Ministry of Transport (MOT) has determined 13 regions as the first batch of pilot regions to the country’s ambition of building national strength in transportation, the MOT’s spokesperson Wei Dong said on December 9 at a press conference.

Dec. 11 , 2019
SAIC Motor, China Post to team up on vehicle procurement, auto finance, express & logistics
SAIC Motor, China Post to team up on vehicle procurement, auto finance, express & logistics

SAIC Motor on December 9 inked a framework agreement with China Post Group to carry out strategic collaboration on complete vehicle procurement, fleet operation, finance, express & logistics and market expansion.

Dec. 11 , 2019
China's auto market hit with 17th-month-in-a-row sales downturn
China's auto market hit with 17th-month-in-a-row sales downturn

China's auto market was hit by the 17th-month-in-a row sales downturn as of November, 2019.

Dec. 10 , 2019
Great Wall Motor completes 89.2% of 2019 sales target by November
Great Wall Motor completes 89.2% of 2019 sales target by November

With a total of 954,290 new cars (+3.81%) sold through November, Great Wall Motor (GWM) has already accomplished 89.2% of its 2019 sales target.

Dec. 10 , 2019
China’s PV market fails to see year-on-year rebound in November
China’s PV market fails to see year-on-year rebound in November

In November, automakers in China sold a total of 2,075,266 locally-produced PVs (referring to cars, MPVs, SUVs and minibuses), posting a year-on-year decrease of 4.7%, while achieving an evident growth of 7.5% from the previous month.

Dec. 9 , 2019