Market & Industry
BYD launches teaser photos of all-new BYD Qin
BYD launches teaser photos of all-new BYD Qin

Chinese automaker BYD has recently disclosed a set of teaser photos of the all-new BYD Qin sedan, which is said to sit below the Qin Pro. According to local media outlets, the all-new model is ready to hit the market in 2019.

May 31 , 2019
Bosch, Honeycomb Connected sign MoU to provide digital services for Industrie 4.0
Bosch, Honeycomb Connected sign MoU to provide digital services for Industrie 4.0

German auto parts supplier Bosch recently inked an MoU with Honeycomb Connected to jointly offer innovative digital solutions to help China’s manufacturing companies conduct transformation and upgrade.

May 30 , 2019
300,000th vehicle for SAIC Motor PV’s Zhengzhou base rolls off production line on May 29
300,000th vehicle for SAIC Motor PV’s Zhengzhou base rolls off production line on May 29

SAIC Motor Passenger Vehicle (SAIC Motor PV), a wholly-owned subsidiary of China’s biggest auto group SAIC Motor, saw the 300,000th vehicle for its Zhengzhou plant officially roll off the production line on May 29.

May 30 , 2019
NIO reports RMB1,631.2 million in Q1 revenues
NIO reports RMB1,631.2 million in Q1 revenues

The startup said its Q1 revenues for 2019 reached RMB1,631.2 million (US$243.1 million) and quarterly deliveries of the ES8 totaled 3,989 units.

May 28 , 2019
NIO gains RMB10 billion worth of investment
NIO gains RMB10 billion worth of investment

China-based EV startup NIO got RMB10 billion worth of investment in May by signing a framework agreement with Beijing E-Town International Investment & Development Co.,Ltd (Beijing E-Town Capital).

May 28 , 2019
Volkswagen China, Mobility Asia, JAC Motors team up on Hefei smart city program
Volkswagen China, Mobility Asia, JAC Motors team up on Hefei smart city program

On May 27, Mobility Asia, a wholly-owned subsidiary of VW Group, struck a strategic cooperation framework deal with Volkswagen Group China, JAC Motors and Hefei Provincial Government for a “smart city” program to be built in Hefei.

May 28 , 2019