Market & Industry
Sales plunges make market chilling
Sales plunges make market chilling

Data of the CPCA shows that sales of China's passenger vehicles (excl. minivans) plunged by 5.7% year on year (YoY) to 1.57 mn units, and slid down 14.66% month-on-month(MoM) from 1.83 mn units in June.

Aug. 23 , 2018
Lynk & Co 03 PHEV test mule spied on roads
Lynk & Co 03 PHEV test mule spied on roads

The Lynk & Co 03’s plug-in hybrid (PHEV) version was spied on roads recently after its fossil fuel-powered version was unveiled on August 20.

Aug. 23 , 2018
Zotye T500 to offer six-seat version with three variants
Zotye T500 to offer six-seat version with three variants

The Zotye T500, an all-new five-seat compact SUV, hit the market in March with price range between RMB 69,800 and RMB 123,800. On Aug. 31, Zotye T500 six-seat version will hit the market with an arrangement of 2+2+2.

Aug. 23 , 2018
FAW Car, Bosch reach agreement in autonomous driving cooperation
FAW Car, Bosch reach agreement in autonomous driving cooperation

FAW Car Co., Ltd. (FAW Car), a subsidiary of China's state-owned automaker FAW Group, signed a strategic cooperation framework agreement with Bosch Automotive Products (Suzhou) Co., Ltd to jointly develop autonomous driving technologies.

Aug. 21 , 2018
Aptiv to supply GAC NE with ADAS
Aptiv to supply GAC NE with ADAS

Aptiv, an industrial-leading vehicle safety and autonomous driving solution provider, announced on August 20 that it will develop advanced driver assistance systems (ADAS) for the electric vehicle (EV) platform of GAC NE.

Aug. 20 , 2018
China composites solution provider HRC succeeds in acquisition of UK peer Engenuity
China composites solution provider HRC succeeds in acquisition of UK peer Engenuity

HRC, a Chinese leading tech company focusing on R&D, manufacturing and engineering of composites, succeeded in the buyout of Engenuity, a global leading composites design and analysis company.

Aug. 20 , 2018