The report that Shenzhen Baoneng Investment Group (Baoneng Group) will acquire stake in Chery Auto was untrue, according to a statement Chery Auto released on May 16.
May 18 , 2018
China’s ride-sharing company Didi Chuxing (hereinafter Didi) will disable all of rating and tagging functions from its hitching service, the company announced on May 16.
May 18 , 2018
The Sino-Japanese automaker Dongfeng Honda filed a plan to China’s State Administration for Market Regulation to recall a total of 130,455 CR-Vs equipped with a 1.5-litre turbo engine.
May 17 , 2018
Shenzhen-based self-driving startup Roadstar.ai announced a $128 million Series A round financing on May 15, which was by far the biggest financing value in China's autonomous driving industry.
May 16 , 2018
Guangxi Automobile Group Co., Ltd., whose former name is Liuzhou Wuling Automobile Industry Co., Ltd. (Liuzhou Wuling), and Fulin Industrial Group Co., Ltd. (Fulin Group), parent company of Yema Auto, signed a letter of intent on May 9.
May 16 , 2018
German luxury vehicle brand BMW officially opened a R&D center in Beijing on May 15. This is the third BMW’s R&D center in China, also the company’s largest R&D center aside from its German headquarter.
May 15 , 2018