Market & Industry
Chery to release intelligent strategy dubbed Lion
Chery to release intelligent strategy dubbed Lion

Chery now is mulling an intelligent strategy coded “Lion”, covering such five areas as autonomous driving, connected vehicle, mobility service and intelligent manufacturing, according to insiders from Chery.

Apr. 11 , 2018
Geely Auto vice president denies taking over LeEco Deqing vehicle base
Geely Auto vice president denies taking over LeEco Deqing vehicle base

Geely Auto has no intention to take over LeEco’s electric vehicle base in Deqing County near the eastern Chinese city of Hangzhou, Yang Xueliang, the vice president of Geely Auto revealed to local media.

Apr. 11 , 2018
Baidu, Great Wall Motor cooperate again for autonomous driving
Baidu, Great Wall Motor cooperate again for autonomous driving

Baidu Inc and Great Wall Motor signed a strategic memorandum of cooperation on April 9 to extend collaboration in four major areas, intelligent-connected vehicle (ICV), autonomous driving, travelling sharing and big data.

Apr. 10 , 2018
Leapmotor to complete Series A round in middle of 2018
Leapmotor to complete Series A round in middle of 2018

Leapmotor, a Hangzhou-based Chinese electric vehicle (EV) startup, plans to start IPO (initial public offerings) in the future, Zhu Jiangming, the startup’s chairman revealed in an interview.

Apr. 9 , 2018
GAC Group appoints senior executives for GAC NIO new energy JV
GAC Group appoints senior executives for GAC NIO new energy JV

According to local media, GAC Group has appointed Wang Jingqiu and Gu Huinan as members of board for GAC NIO New Energy Automotive Co., (GAC NIO New Energy), a planned JV between GAC Group and NIO.

Apr. 9 , 2018
Great Wall Motor March sales reach 88,247 units, Haval H6 still faces YoY decline
Great Wall Motor March sales reach 88,247 units, Haval H6 still faces YoY decline

Great Wall Motor delivered a total of 88,247 vehicles in March, growing 3.3% year on year.For the first three months of this year, the automaker achieved cumulative sales of 256,623 units, edging up 0.97% over the previous year.

Apr. 9 , 2018