Market & Industry
Tencent-backed mapmaker NavInfo, China Mobile’s LBS arm team up on location-based service
Tencent-backed mapmaker NavInfo, China Mobile’s LBS arm team up on location-based service

Tencent-backed mapmaker NavInfo and China Mobile Location-based Service Center recently inked a cooperation framework agreement focusing on location-based service (LBS), NavInfo announced on December 12.

Dec. 14 , 2018
BYD Qin Pro EV600 said to boast NEDC-rated range exceeding 500km
BYD Qin Pro EV600 said to boast NEDC-rated range exceeding 500km

The BYD Qin Pro formally hit the market on September 20. Recently, local media got the photos of the BYD Qin Pro EV600--another BEV model of the Qin Pro Series, from China’s Ministry of Industry and Information Technology.

Dec. 14 , 2018
Great Wall Motor to add 100,000-unit annual capacity for producing ORA, Haval F Series models
Great Wall Motor to add 100,000-unit annual capacity for producing ORA, Haval F Series models

Great Wall Motor (GWM) plans to build a new complete vehicle plant in Pinghu, a city in northern Zhejiang, with RMB2 billion to be invested, according to an official document issued by Zhejiang Provincial Development and Reform Commission.

Dec. 13 , 2018
China Nov. PV wholesale volume down by 16.3% YoY, CPCA
China Nov. PV wholesale volume down by 16.3% YoY, CPCA

According to the CPCA, China’s passenger vehicle (PV) retail sales reached 2,019,933 units in November, edging up 3.4% over the previous month, while falling 18% year on year (YoY), 4.8 percentage points higher than that of the previous month.

Dec. 12 , 2018
China vehicle sales present YoY drop of 13.86% in November
China vehicle sales present YoY drop of 13.86% in November

China’s vehicle outputs and sales in November reached 2,498,400 units and 2,547,800 units respectively, climbing 7.02% and 7.05% over a month ago, while both presented double-digit year-on-year (YoY) decline, according to the CAAM.

Dec. 11 , 2018
Tencent, FCA China forge partnership to develop ICV cloud platform
Tencent, FCA China forge partnership to develop ICV cloud platform

Tencent and FCA China inked a strategic cooperation agreement on December 10, saying the internet-based technology company will help the automaker build its ICV cloud platform.

Dec. 11 , 2018