Market & Industry
BMW, GWM sign contract on JV operation
BMW, GWM sign contract on JV operation

In the presence of China’s Prime Minister Li Keqiang and Germany’s Chancellor Angela Merkel, BMW (Netherland) Holding Ltd. (BMW) awarded a contract on joint venture (JV) operation with China’s Great Wall Motor (GWM) on July 10.

Jul. 10 , 2018
Chery Holding posts NEV sales growth of 250% year on year in H1
Chery Holding posts NEV sales growth of 250% year on year in H1

Chery Holding Group reported a year-on-year sales increase of 8.8% to 343,000 vehicles during the first half of 2018. Specifically, the exported and new energy vehicles posted remarkable sales growth.

Jul. 10 , 2018
Changan Automobile EV sales jump 26.4% month on month
Changan Automobile EV sales jump 26.4% month on month

Changan Automobile delivered 188,173 vehicles in June, suffering a year-on-year drop of 19.1%. In the first half of 2018, the automaker saw its cumulative sales declining 15.5% to 1,207,381 units.

Jul. 10 , 2018
Alibaba-backed Banma unveils AR-Driving tech, forms On-Line Service Alliance
Alibaba-backed Banma unveils AR-Driving tech, forms On-Line Service Alliance

On July 6, Banma, an ICV integral solution provider co-built by SAIC Group and Alibaba Group, unveiled the AR-Driving technology and announced the establishment of the On-line Service Alliance (OSA) set up with many automobile service providers.

Jul. 9 , 2018
GAC Trumpchi June sales drop 14.43% year on year
GAC Trumpchi June sales drop 14.43% year on year

GAC Group announced that the company delivered a total of 178,962 vehicles in June, achieving a year-on-year growth of 4.62%. In the first half of 2018, the group's cumulative car sales reached 1,016,779 units, climbing 5.53% over the previous year.

Jul. 9 , 2018
Tianjin issues administrative measures on ICV road testing
Tianjin issues administrative measures on ICV road testing

Recently, Tianjin Municipal Commission of Transportation and other institutions jointly issued the administrative measures on road testing (trial operation) for intelligent connected vehicles (ICVs).

Jul. 9 , 2018