Market & Industry
Changan Automobile denies rumor to buyout Suzuki stake in Changan Suzuki
Changan Automobile denies rumor to buyout Suzuki stake in Changan Suzuki

Chongqing Changan Automobile Co., Ltd (Changan Automobile) officially announced on June 29 that the rumor saying the company is going to buyout the stake in Changan Suzuki held by the Japanese investor Suzuki is untrue.

Jul. 2 , 2018
Borgward’s 100,000th model rolls off production line
Borgward’s 100,000th model rolls off production line

The Borgward BXi7 officially rolled off the production line at the brand’s Miyun plant in Beijing on June 28, 2018, marking a significant milestone as the plant has manufactured 100,000 vehicles.

Jul. 1 , 2018
SAIC Motor builds first AI lab in China auto industry
SAIC Motor builds first AI lab in China auto industry

SAIC Motor announced the establishment of its artificial intelligence (AI) laboratory on June 29. This is the first AI lab in China’s automobile industry which is designed to develop AI applications and solutions.

Jun. 29 , 2018
China Mobile announces new IoV company, cooperating with Baidu in AI, map areas
China Mobile announces new IoV company, cooperating with Baidu in AI, map areas

On June 27, China Mobile, a China’s stated-owned telecommunication corporation, announced at the MWC 2018 (Mobile World Congress) the establishment of a new IoV company, named China Mobile Intelligent Mobility Network Technology Co.,Ltd.

Jun. 28 , 2018
Li Shufu meets with Malaysia’s Prime Minister to talk about direction of Proton
Li Shufu meets with Malaysia’s Prime Minister to talk about direction of Proton

Li Shufu, chairman of Zhejiang Geely Holding Group had a friendly talk up to 100 minutes with Malaysia’s Prime Minister Mahathir Mohamad on June 25.

Jun. 28 , 2018
Skoda launches new China SUV strategy, rolling 3 new SUV models by 2020
Skoda launches new China SUV strategy, rolling 3 new SUV models by 2020

Skoda plans to roll out three all-new SUV models in China in the next two years, namely Kodiaq GT, MODEL Q Sport and Karoq BEV model, the automaker announced at the launching conference of China SUV strategy on June 27.

Jun. 28 , 2018