Market & Industry
Chery Jaguar Land Rover puts second phase of Changshu-based plant into production
Chery Jaguar Land Rover puts second phase of Changshu-based plant into production

Chery Jaguar Land Rover recently revealed that the second phase of its Changshu-based plant has finished construction and been put into production.

Jun. 27 , 2018
Renault-Brillance-Jinbei to roll out 7 new models, including BEV
Renault-Brillance-Jinbei to roll out 7 new models, including BEV

Renault-Brilliance-Jinbei Automotive Co.,Ltd, a joint venture between French’s Groupe Renault and Brilliance China Automotive, plans to roll out 7 new models by 2022, according to local media.

Jun. 27 , 2018
First SAIC-Audi model likely to debut in 2022
First SAIC-Audi model likely to debut in 2022

Chen Hong, chairman of SAIC Group revealed that Audi has acquired a 1% stake in SAIC-VW. Audi’s 1% stake acquisition in SAIC-VW will lay a solid foundation for the development and manufacturing of first SAIC-Audi model.

Jun. 27 , 2018
Meituan Dianping files for HK IPO, applies for over 25 autonomous driving patents
Meituan Dianping files for HK IPO, applies for over 25 autonomous driving patents

China’s Meituan Dianping, an online food delivery service platform, filed its initial public offering (IPO) to HKEX, with Goldman Sachs, Morgan Stanley and Bank of America Merrill Lynch as its joint co-sponsors.

Jun. 26 , 2018
Audi confirmed to acquire equity in SAIC-VW
Audi confirmed to acquire equity in SAIC-VW

Audi has acquired 1% stake in SAIC-VW, according to Chen Hong, chairman of SIAC Group, who revealed the news on June 25 at SAIC Group’s 2017 general shareholders’ meeting.

Jun. 26 , 2018
WM Motor Beijing office officially set up to start new retail channel expansion
WM Motor Beijing office officially set up to start new retail channel expansion

WM Motor held the opening ceremony of WM Intelligent and Connected Technology (Beijing) Co., Ltd. in Beijing on June 22, 2018, announcing the firm’s first regional headquarter was officially set up, also signifying the firm is expanding its channel.

Jun. 26 , 2018