FAW Xiali reached operation revenue of RMB 1.451 billion in 2017, slumping 28.34% year on year and the net profit attributable to shareholders was RMB -1.641 billion, nosediving 1,110.64% year on year. Its debt-to-asset ratio was up to 98.2%.
May 2 , 2018
On April 27, GoFun, a car-sharing platform backed by state-owned Shouqi Group, showed off several autonomous driving technologies, such as autonomous pick-up and drop-off, automatic parking, vehicle formation and dispatch, at a conference in Beijing.
Apr. 28 , 2018
BAIC BJEV announced that the company received Beijing’s license to conduct road tests for its autonomous vehicle the LITE. Along with NIO, BAIC BJEV has also been included in the first batch of automakers that obtained Beijing’s road test license.
Apr. 28 , 2018
At Auto China 2018, Chinese autonomous driving startup Jingchi.ai unveiled its new L4 self-driving vehicle, which is also the first self-driving car showcased at Auto China in Beijing ever.
Apr. 26 , 2018
Qoros Auto launched its MILE Project at Auto China 2018 and showcased the high-performance intelligent electric coupe Qoros MILE 1 concept, the first model under the MILE Project.
Apr. 26 , 2018
FAW Group and Shouqi Limousine and Chauffeur signed a strategic cooperation agreement to deploy in mobility recently, saying that both parties will integrate their advantageous resources to help Hongqi brand deploy mobility service sector.
Apr. 25 , 2018