Market & Industry
Geely, Tencent, CRIC co-build high-speed train Wi-Fi service joint venture
Geely, Tencent, CRIC co-build high-speed train Wi-Fi service joint venture

China Railway Gecent Technology Co.,Ltd (CRGT), a joint venture co-built by China Railway Investment Corp (CRIC), Zhejiang Geely Holding Group (Geely Holding) and Tencent was officially established on July 5.

Jul. 5 , 2018
Beijing Hyundai enjoys 25% YoY sales growth to over 380,000 units in H1
Beijing Hyundai enjoys 25% YoY sales growth to over 380,000 units in H1

Deliveries of Beijing Hyundai topped 380,000 units, jumping 25% from a year earlier during the first half of this year, according to the sales data released by Beijing Hyundai on July 2.

Jul. 5 , 2018
Chery Jaguar Land Rover likely to launch new JV brand to take on Lynk & Co
Chery Jaguar Land Rover likely to launch new JV brand to take on Lynk & Co

Chery Jaguar Land Rover will reportedly launch a new Chinese market-tailored JV brand, positioned between Jaguar Land Rover and Chery. The new brand is likely to take on Lynk & Co in the future.

Jul. 5 , 2018
Baidu unveils Apollo 3.0, including four mass-produced IoV, autonomous driving solutions
Baidu unveils Apollo 3.0, including four mass-produced IoV, autonomous driving solutions

Baidu unveiled the Apollo 3.0, the latest iteration of its Apollo autonomous driving platform at the Baidu Create 2018 on July 4, which involves four mass-produced solutions for developers to speed up self-driving vehicles’ scale production.

Jul. 4 , 2018
GM Q2 deliveries reach 858,344 units in China
GM Q2 deliveries reach 858,344 units in China

General Motors and its joint ventures delivered 858,344 vehicles in China in the second quarter, up 0.7% over the previous year. In the first half of 2018, GM deliveries in China grew 4.4% on an annual basis to 1,844,396 units.

Jul. 4 , 2018
Baidu mass-produced Apolong autonomous buses roll off production line
Baidu mass-produced Apolong autonomous buses roll off production line

The world's first mass-produced L4 autonomous mini bus “Apolong” developed by Baidu Apollo in collaboration with King Long has already rolled off the production line at its manufacturing facility in Xiamen, Baidu's chairman Robin Li.

Jul. 4 , 2018