Alibaba-owned AliOS and FAW Car Co., Ltd. agreed a cooperation to jointly explore the development of IoV, V2X (vehicle to everything) and intelligent driving fleet, aiming to co-boost R&D of vehicle infrastructure cooperation system.
Nov. 19 , 2018
Chongqing Sokon Industry is ready to acquire 50% stake in Dongfeng Sokon held by Dongfeng Motor Corporation by issuing RMB4.83 billion worth of shares to Dongfeng Motor Corporation at the expense of 26.01% stake offered to the latter.
Nov. 19 , 2018
Ford-owned premium car brand Lincoln will annually launch a new domestically-produced model in China for three consecutive years staring from 2019, said Mao Jingbo, president of Lincoln Asia Pacific and China when she was interviewed by local media.
Nov. 19 , 2018
Changan Automobile will unveil a new SUV model—the CS85 at the Auto Guangzhou 2018 kicking off on November 16. Positioned between the CS75 and the CS95, the CS85 will be the automaker first crossover SUV model.
Nov. 15 , 2018
Patent images of the Lynk & Co 03 2.0T version leaked out from China’s MIIT in recent days. The 2.0T version will be improved on output power over the 1.5T version, which will more satisfy users who have higher demands on power performance.
Nov. 15 , 2018
Great Wall Motor announced on November 13 that it plans to issue no more than RMB5 billion worth of ultra-short-term financing bonds to optimize its debt structure and the funds raised will be used to supplement working capital.
Nov. 14 , 2018