Market & Industry
WEY Pi4 VV7x spied on roads
WEY Pi4 VV7x spied on roads

The mass-produced version of the WEY Pi4 VV7x was spied on road test. According to the spied shots, the new model basically retains the styling of a concept sports SUV.

Jul. 16 , 2018
Changan Automobile H1 net profit to slump 63.21% to 67.54% year on year
Changan Automobile H1 net profit to slump 63.21% to 67.54% year on year

Chongqing Changan Automobile Co., Ltd (Changan Automobile) forecasted that its net profit attributable to shareholders may reach RMB 1.5billion to RMB 1.7billion for the first half of this year, slumping 63.21% to 67.54% year on year.

Jul. 16 , 2018
CH-AUTO Technology, NavInfo reach agreement to co-develop autonomous driving, IoV tech
CH-AUTO Technology, NavInfo reach agreement to co-develop autonomous driving, IoV tech

Chinese car design company CH-AUTO Technology and the Beijing-based NavInfo recently signed a strategic cooperation framework agreement in Beijing to promote both parties’ business development and strategic deployment in autonomous driving and IoV.

Jul. 16 , 2018
FAW Group boasts H1 sales over 1.71 million, Hongqi brand YTD sales nearly reach 10,000 units
FAW Group boasts H1 sales over 1.71 million, Hongqi brand YTD sales nearly reach 10,000 units

FAW group posted a year-on-year sales growth of 7.1% with a total of 1,712,506 vehicles delivered from January to June, the group announced in recent days.

Jul. 16 , 2018
FAW, Dongfeng, Changan co-establish T3 mobility joint venture
FAW, Dongfeng, Changan co-establish T3 mobility joint venture

FAW Group, Dongfeng Motor Corporation and Chongqing Changan Automobile Co., Ltd has officially signed a letter of intent in recent days to jointly establish a T3 mobility service company.

Jul. 13 , 2018
China’s TUS acquires global IoT solution provider Telit’s auto arm for better autonomous driving cause
China’s TUS acquires global IoT solution provider Telit’s auto arm for better autonomous driving cause

TUS International (TUS), a Chinese tier-one provider of autonomous driving solutions announced on July 12 that the company conditionally agreed to acquire the Italy-based IoT solution provider Telit’s automotive unit for $ 105 million.

Jul. 13 , 2018