Market & Industry
Chery Auto approves shareholding transfer through investment, share capital increase
Chery Auto approves shareholding transfer through investment, share capital increase

Chinese state-owned automaker Chery Auto approved the resolution on the transfer of the company’s shareholding on May 29, which was unanimously passed by the employees' representatives conference.

May 29 , 2018
Changan Auto loses three vice presidents at the same time
Changan Auto loses three vice presidents at the same time

Chongqing Changan Automobile Co., Ltd (Changan Auto) announced that Gong Bin, Huang Zhongqiang and Luo Minggang will no longer serve as the company’s vice president, according to an official personnel change statement released on May 28.

May 29 , 2018
Li Shufu talks about China auto industry dilemma, stresses gap in EV area
Li Shufu talks about China auto industry dilemma, stresses gap in EV area

There are only five years of opportunity left for Chinese automakers to develop electric vehicles (EV) and relevant technologies, Li Shufu, Zhejiang Geely Holding Group (Geely)’s chairman forecasted at Dragon Bay Forum on May 29.

May 29 , 2018
BYD Yuan EV360 goes on sale with price starting from RMB 79,900
BYD Yuan EV360 goes on sale with price starting from RMB 79,900

BYD Auto announced on May 27 that the Yuan EV 360, a small-sized BEV (battery electric vehicle) model officially go on sale with four versions, priced from RMB 79,900 to RMB 99,900 after deducting the subsidiaries.

May 28 , 2018
EV startup Sitech cooperates with Bosch in AVP, ends over $ 100 million A round financing
EV startup Sitech cooperates with Bosch in AVP, ends over $ 100 million A round financing

Sitech, a Guizhou-based electric vehicle maker, officially formed partnership with the world-leading auto parts provider Bosch on May25. In the future, both parties will jointly develop projects like AVP (automated valet parking).

May 28 , 2018
What are those Baidu ex-big names in autonomous driving doing now?
What are those Baidu ex-big names in autonomous driving doing now?

Gasgoo summarized some key senior executives or experts that had made significant contribution to the development of Baidu’s intelligent driving cause during their tenure, while currently has left Baidu for different options.

May 28 , 2018