Meituan officially launched its long-rumored ride-hailing service on March 21 in Shanghai. Reportedly, Meituan has raised a minimum capital of $ 1 billion to meet the challenge from Didi, the currently China’s largest ride-hailing platform.
Mar. 23 , 2018
BYTON announced that the company greeted two chief auto engineers, Chad Harrison and David Twohig, from Honda and Renault. They will hold positions in BYTON as vice president of product-line management unit and chief automotive engineer respectively.
Mar. 23 , 2018
According to Geely’s plan, Lynk & Co will launch two new models in 2018. Based on the CMA basic architecture, the Lynk & Co 02 will be unveiled at the end of March and hit the market at Auto China 2018.
Mar. 23 , 2018
The long-discussed ownership restrictions of Sino-foreign automotive JVs are likely to be relaxed in the near future and the issue has been put into agenda by the relevant government departments, according to the person who briefed this matter.
Mar. 22 , 2018
According to local media, Beijing issued its first batch of temporary plates for road tests of autonomous vehicles. Beijing Baidu Network Technology Co., Ltd., Baidu Inc’s subsidiary, was given 5 temporary plates.
Mar. 22 , 2018
JAC Motors announced that the company achieved a total of operational revenue of RMB 49.2 billion in 2017, falling by 6.33% year on year. The net profit attributable to the shareholders reached RMB 432 million, slumping 62.83% from a year earlier.
Mar. 22 , 2018