Market & Industry
Former Goldman Sachs China’s senior executive joins BYTON as co-president
Former Goldman Sachs China’s senior executive joins BYTON as co-president

According local media, Cheng Changqing, former managing director of Goldman Sachs China’s investment banking division, officially joined BYTON as co-president who takes charge of the startup’s capital market and investor relations’ management.

Mar. 20 , 2018
GAC Trumpchi plans to roll out three new models in 2018 to achieve 700,000 of sales target
GAC Trumpchi plans to roll out three new models in 2018 to achieve 700,000 of sales target

According to local media, GAC Trumpchi plans to roll out 3 new models (including 2 SUV models) this year to help achieve its 2018 annual sales target of 700 thousand units.

Mar. 19 , 2018
Bosch, Banma build strategic partnership to develop ICV solutions
Bosch, Banma build strategic partnership to develop ICV solutions

On March 18, Bosch and Banma, a Chinese Internet vehicle solution supplier signed a strategic cooperation agreement in Shanghai. Both parties will develop cooperation in such areas as Internet connection, in-vehicle infotainment system, etc.

Mar. 19 , 2018
Geely’s all models to carry Autonavi mobile-vehicle map app
Geely’s all models to carry Autonavi mobile-vehicle map app

AutoNavi reached cooperation with Geely Auto, saying that both parties will forge deep exploration in such areas as onboard navigation, location service, traffic big data and Ali ecology.

Mar. 19 , 2018
Didi Research President He Xiaofei leaves to reportedly build self-driving truck company
Didi Research President He Xiaofei leaves to reportedly build self-driving truck company

He Xiaofei, Didi Research president of China’s ride-hailing giant Didi Chuxing (Didi), has left the company. Reportedly, he has built his own self-driving truck venture after the resignation.

Mar. 16 , 2018
Chongqing issues regulations on autonomous vehicle road testing
Chongqing issues regulations on autonomous vehicle road testing

Hot on the heels of Beijing and Shanghai, Chongqing issued the Chongqing Regulations on Autonomous Vehicle Road Testing (Trial) (Chongqing Regulations), and became the third city in China to issue road testing regulations for autonomous vehicles.

Mar. 16 , 2018