Didi Chuxing, Chinese ride-sharing giant, announced that the company raised more than 4 billion dollars in the latest round of financing. The company plans to further increase its investment in transportation artificial intelligence (AI) technology.
Dec. 21 , 2017
On December 20, the board of Baidu Apollo was officially established. On the very same day, the first board meeting was held in Xiong’an New Area, a state-level new area in the Baoding area of Hebei province.
Dec. 21 , 2017
On December 20, BMW announced that Jochen Goller will take over as President and CEO of BMW Group Region China from Olaf Kastner, effective March 1, 2018. In a short period after his departure, Kastner will continue to support business in China.
Dec. 20 , 2017
Recently, SAIC’s new factory in Chon Buri, Thailand was officially put into operation. SAIC invested a total of 1 billion dollars and its annual capacity can be up to 100,000 units.
Dec. 20 , 2017
GAC announced to transfer its 25% stake in Honda Automobile (China) through the open market. Besides, the board of the group also approved GAC Honda’s plan to acquire 100% stake of Honda Automobile (China).
Dec. 20 , 2017
In November, the SUV sales in China totaled 1,108,182 units, jumping 7.6 percent year on year and accounting for 43.4 percent of the total PV sales volume. China self-owned brand has an outstanding performance by November SUV sales.
Dec. 20 , 2017