Market & Industry
GAC Group reveals ADiGO in-car smart ecosystem, to be used in Aion LX first
GAC Group reveals ADiGO in-car smart ecosystem, to be used in Aion LX first

GAC Group on July 28 launched its self-developed in-car intelligent-connected ecosystem ADiGO that integrates such features as intelligent factory, autonomous driving and IoT, the Guangzhou-based automaker announced via its WeChat.

Jul. 29 , 2019
Tesla Shows Gigafactory 3 With First Set Of Machinery Installed
Tesla Shows Gigafactory 3 With First Set Of Machinery Installed

The image resolution is low, but it shows enough to remain optimistic about the production launch within a few months.

Jul. 26 , 2019
Chery Automobile steps up cooperation in 5G with China Telecom
Chery Automobile steps up cooperation in 5G with China Telecom

Chery Automobile and the Anhui branch of China Telecom, one of China’s three major telecommunication operators, concluded a strategic agreement on July 23 to expand collaboration in 5G field based on their partnership forged in 2016.

Jul. 26 , 2019
Magna Celebrates the Signing of Its First Complete Vehicle Manufacturing Joint Venture in China
Magna Celebrates the Signing of Its First Complete Vehicle Manufacturing Joint Venture in China

On July 24 Magna, BAIC Group and the Zhenjiang government celebrated the signing of a framework agreement governing their electric vehicle manufacturing joint venture in Zhenjiang, China, which marks another milestone of their continued cooperation.

Jul. 25 , 2019
SAIC Motor ready to issue RMB20 billion worth of bonds to raise capital for R&D innovation
SAIC Motor ready to issue RMB20 billion worth of bonds to raise capital for R&D innovation

SAIC Motor is ready to apply for public issuance of RMB20 billion worth of bonds by means of shelf offering and the plan has been approved by the company’s board of directors and supervisory board, the China’s biggest auto group announced on July 19.

Jul. 24 , 2019
NEV startup ICONIQ qualified to produce EVs by obtaining stake in Tianqi Group’s subsidiary
NEV startup ICONIQ qualified to produce EVs by obtaining stake in Tianqi Group’s subsidiary

Tianjin-headquartered EV startup ICONIQ Motors has obtained the qualification to manufacture new energy vehicles (NEVs) by gaining equity interest in Tianjin Tianqi Group Meiya Automobile Manufactory Co.,Ltd (Tianqi Meiya).

Jul. 24 , 2019