Market & Industry
Sixth automaker partner, Tencent to develop IoV cause with FAW Group
Sixth automaker partner, Tencent to develop IoV cause with FAW Group

On April 15, the Chinese Internet titan Tencent and the state-owned automaker FAW Group signed strategic cooperation framework agreement in the Internet of Vehicles (IoV) area.

Apr. 16 , 2018
Geely Li Shufu: sharing and cooperation is key to win future
Geely Li Shufu: sharing and cooperation is key to win future

The destiny of future auto industry depends on the self-realization of traditional automakers, Li Shufu, Chairman of the Zhejiang Geely Holding Group, delivered such statement through some English and German media.

Apr. 16 , 2018
EV startup AIWAYS third round financing elevates valuation to RMB 10 billion
EV startup AIWAYS third round financing elevates valuation to RMB 10 billion

The one-year-old electric vehicle (EV) startup AIWAYS has currently completed its third round financing which was led by the strategic investor Shagang Group. A

Apr. 16 , 2018
Ford Motor China sales fall 19% YoY in Q1, Lincoln brand sees positive growth
Ford Motor China sales fall 19% YoY in Q1, Lincoln brand sees positive growth

Ford Motor China retail sales in March reached 83,666 vehicles, declining 11% year on year, according to the data released by the automaker on April 13.

Apr. 13 , 2018
Dongfeng Renault sees 3.2% YoY growth in Q1, deepen cooperation with Alibaba
Dongfeng Renault sees 3.2% YoY growth in Q1, deepen cooperation with Alibaba

According to local media, Dongfeng Renault delivered a total of 20,905 vehicles in the first quarter of this year in China, growing 3.2% from a year ago. Besides, the joint venture plans to roll out 9 locally-produced models in China by 2022.

Apr. 13 , 2018
Qoros Q1 sales skyrocket 288% year on year
Qoros Q1 sales skyrocket 288% year on year

Qoros Auto delivered 11,371 vehicles, skyrocketing 288% year on year and surging 82% month on month during the first three months.

Apr. 13 , 2018