Market & Industry
FAW Car, Bosch reach agreement in autonomous driving cooperation
FAW Car, Bosch reach agreement in autonomous driving cooperation

FAW Car Co., Ltd. (FAW Car), a subsidiary of China's state-owned automaker FAW Group, signed a strategic cooperation framework agreement with Bosch Automotive Products (Suzhou) Co., Ltd to jointly develop autonomous driving technologies.

Aug. 21 , 2018
Aptiv to supply GAC NE with ADAS
Aptiv to supply GAC NE with ADAS

Aptiv, an industrial-leading vehicle safety and autonomous driving solution provider, announced on August 20 that it will develop advanced driver assistance systems (ADAS) for the electric vehicle (EV) platform of GAC NE.

Aug. 20 , 2018
China composites solution provider HRC succeeds in acquisition of UK peer Engenuity
China composites solution provider HRC succeeds in acquisition of UK peer Engenuity

HRC, a Chinese leading tech company focusing on R&D, manufacturing and engineering of composites, succeeded in the buyout of Engenuity, a global leading composites design and analysis company.

Aug. 20 , 2018
Dongfeng Motor Corporation, Huawei cement tie-up in ICV, auto informatization
Dongfeng Motor Corporation, Huawei cement tie-up in ICV, auto informatization

Dongfeng Motor Corporation (Dongfeng) and Huawei signed a strategic agreement on August 16 to cement their partnership which was formed in 2014, according to the automaker’s official WeChat account.

Aug. 17 , 2018
Great Wall Motor’s complete vehicle, R&D center roll into Rizhao, Shandong Province
Great Wall Motor’s complete vehicle, R&D center roll into Rizhao, Shandong Province

Great Wall Motor (GWM) signed an agreement with Rizhao Municipal Government, Shandong Province on Aug. 16, saying that GWM will build a complete vehicle manufacturing and R&D base in Rizhao.

Aug. 17 , 2018
Dongfeng Motor Corporation reports double-digit YoY sales drop in July
Dongfeng Motor Corporation reports double-digit YoY sales drop in July

In July, Dongfeng Motor Corporation saw its July sales evidently fall 18.76% to 185,966 vehicles. For the first seven months, the automaker delivered 1,696,102 vehicles in total, a slight sales drop of 0.24% compared with the same period in 2017.

Aug. 16 , 2018