China-based millimeter-wave radar developer ANNGIC announced on August 13 that it has completed a RMB 50 million Series A round fundraising, which was exclusively invested by Fortune Capital.
Aug. 13 , 2018Changan Automobile delivered 128,729 vehicles in July, suffering an evident year-on-year drop of 20.3% and a month-on-month slump of 31.6%. For the first seven months, the automaker saw its year-to-date sales fall 16.0% to 1,336,110 units.
Aug. 13 , 2018JAC delivered 37,896 vehicles in July, leaping 19.89% from a year ago. During the past seven months, JAC handed over 290,166 units with a YoY drop of 5.26%, according to the data from official website of JAC.
Aug. 10 , 2018Geely New Energy and State Grid Electric Vehicle Service Co., Ltd (State Grid EV) signed a cooperation agreement in Beijing on August 4 to jointly promote the new energy vehicle (NEV) development in China, according to local media.
Aug. 10 , 2018The Chinese government said on August 8 that it will impose additional 25% import tariffs on $ 16 billion worth of U.S.-made goods to retaliate for the Trump administration’s latest import duties levied on an equivalent value of China-made goods.
Aug. 9 , 2018Dongfeng Motor Company Limited (DFL) launched the “DFL Green Program 2022” at its 15th anniversary on August 8 that elucidates the company’s initiative and framework in vehicle electrification, energy conservation and emission reduction.
Aug. 9 , 2018










