Market & Industry
Geely Auto eyes 2 million-unit sales goal in 2020
Geely Auto eyes 2 million-unit sales goal in 2020

Geely Auto strives to achieve the 2 million-unit annual sales goal in 2020, Li Jie, vice president of Geely Auto, said in an interview.

Jul. 24 , 2018
Baidu IDL scientist Xu Wei joins Horizon Robotics as chief scientist of General AI lab
Baidu IDL scientist Xu Wei joins Horizon Robotics as chief scientist of General AI lab

Xu Wei, a prominent scientist of Baidu’s Institute of Deep Learning, announced on July 24 that he has joined Chinese AI startup Horizon Robotics as chief scientist of the General AI lab that will be built in Silicon Valley under Xu’s leadership.

Jul. 24 , 2018
GAC Motor unveils new brand essence, to roll out two new models in 2018
GAC Motor unveils new brand essence, to roll out two new models in 2018

GAC Motor, the subsidiary independently owned by GAC Group, released a new brand culture and brand essence dubbed “The Road to Greatness” at its 10th anniversary on July 21.

Jul. 24 , 2018
FAW Car forecasts profit slump between 63% and 78% year on year in H1
FAW Car forecasts profit slump between 63% and 78% year on year in H1

FAW Car Co., Ltd. forecasted that it will post net profit between RMB 60 million and RMB 100 million, slumping between 63% and 78% year on year, compared with RMB 270 million during the same period last year.

Jul. 23 , 2018
Lynk & Co 03 to hit market with starting price of RMB 130,000 for presale
Lynk & Co 03 to hit market with starting price of RMB 130,000 for presale

The presale price of the Lynk & Co 03 was revealed recently, which will range from RMB 130,000 to RMB 180,000. Retaining Lynk & Co’s iconic design style, the 03 is expected to be launched and go on sale in the second half of 2018.

Jul. 20 , 2018
Chinese automakers tabulated on 2018 Fortune Global 500 list
Chinese automakers tabulated on 2018 Fortune Global 500 list

The world’s 500 largest companies on the newly-unveiled list generated $30 trillion in revenues and $1.9 trillion in profits in 2017. A total of 6 automakers from Mainland China entered into the list.

Jul. 20 , 2018