Market & Industry
GAC Toyota to add RMB 2.45 billion to enlarge capacity, introduce new SUV model
GAC Toyota to add RMB 2.45 billion to enlarge capacity, introduce new SUV model

Chinese automaker GAC Group has agreed a project that allows GAC Toyota to expand its production capacity and introduce more models, the group announced on July 2.

Jul. 3 , 2018
Pony.ai obtains Beijng T3 license plate for autonomous driving
Pony.ai obtains Beijng T3 license plate for autonomous driving

Pony.ai, a Chinese autonomous driving startup, announced on July 2 that it became the first startup that obtained the license plate for autonomous driving road tests issued by Beijing municipal government.

Jul. 3 , 2018
Ex Qoros Auto CEO joins EV maker Sinogold as president
Ex Qoros Auto CEO joins EV maker Sinogold as president

Liu Liang, the former CEO of Qoros Auto, has officially joined the Shandong-based EV maker Sinogold as president, according to local media.

Jul. 2 , 2018
Borgward’s 100,000th model rolls off production line
Borgward’s 100,000th model rolls off production line

The Borgward BXi7 officially rolled off the production line at the brand’s Miyun plant in Beijing on June 28, 2018, marking a significant milestone as the plant has manufactured 100,000 vehicles.

Jul. 1 , 2018
SAIC Motor builds first AI lab in China auto industry
SAIC Motor builds first AI lab in China auto industry

SAIC Motor announced the establishment of its artificial intelligence (AI) laboratory on June 29. This is the first AI lab in China’s automobile industry which is designed to develop AI applications and solutions.

Jun. 29 , 2018
Lynk & Co 02 hits market on June 28, priced at RMB 122,800 to RMB 192,800
Lynk & Co 02 hits market on June 28, priced at RMB 122,800 to RMB 192,800

The Lynk & Co 02 officially went on sale on June 28. Based on the CMA platform co-developed by Geely Auto and Volve Cars, the new compact crossover SUV model, priced at RMB 122,800 to RMB 192,800, has 8 variants involving three types of powertrains.

Jun. 29 , 2018