According to local media, Baoneng new energy vehicle production base in Shaanxi Province officially started construction on March 23. Meanwhile, the unveiling ceremony of the Baoneng Auto Innovation Research Institute was held on the same day.
Mar. 26 , 2018
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
Chinese startup CHJ Automotive (CHJ) announced today that the company has completed a RMB 3 billion Series B round that was led by Matrix Partners China and a new energy fund under Shougang Fund.
Mar. 22 , 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