Market & Industry
Volkswagen to promote e-mobility offensive in China by building new partnership with FAW
Volkswagen to promote e-mobility offensive in China by building new partnership with FAW

Volkswagen Group China signed letters of intent with Chinese state-owned automaker FAW Group and China Intelligent and Connected Vehicles (Beijing) Research Institute Co. Ltd on July 10 during the state visit of Chinese Premier Li Keqiang to Belin.

Jul. 11 , 2018
Audi partners with Huawei to develop ICV
Audi partners with Huawei to develop ICV

Audi announced on July 10 that it signed a memorandum of understanding (MoU) with Huawei, China’s leading provider of ICT (information and communications technology) infrastructure and smart devices, to develop in-depth cooperation in ICV area

Jul. 11 , 2018
Didi Chuxing, Continental AG agree deal to develop ICV
Didi Chuxing, Continental AG agree deal to develop ICV

Chinese ride-hailing giant Didi Chuxing announced on July 10 that it has struck a strategic deal with German automotive supplier Continental AG to jointly research and develop intelligent and connected vehicles (ICV).

Jul. 10 , 2018
Changan Automobile EV sales jump 26.4% month on month
Changan Automobile EV sales jump 26.4% month on month

Changan Automobile delivered 188,173 vehicles in June, suffering a year-on-year drop of 19.1%. In the first half of 2018, the automaker saw its cumulative sales declining 15.5% to 1,207,381 units.

Jul. 10 , 2018
BAIC Group H1 sales up 7.6%, gross profits jump 17% year on year
BAIC Group H1 sales up 7.6%, gross profits jump 17% year on year

Chinese stated-owned automaker BAIC Group delivered a total of 1.203 million vehicles in the first half of this year with a year-on-year growth of 7.6%, according to an official report made by the group.

Jul. 10 , 2018
Geely Auto H1 sales leap 44% YoY, completing 49% of 2018 sales goal
Geely Auto H1 sales leap 44% YoY, completing 49% of 2018 sales goal

Geely Auto delivered 128,449 vehicles (including the Lynk & Co) in June, leaping 45% year on year. In the first half of 2018, its year-to-date deliveries surged 44% from a year ago to 766,630 units.

Jul. 9 , 2018