Market & Industry
Lifan Group to see year-on-year net profit growth of 72% to 121%  in 2017
Lifan Group to see year-on-year net profit growth of 72% to 121% in 2017

Lifan Group revealed that the company expects to achieve a year-on-year operating revenue growth of over 10% in 2017. The net profit attributable to shareholders may increase RMB 60 million to RMB 100 million, jumping 72.64% to 121.06% year on year

Jan. 29 , 2018
Didi establishes AI Labs for development of smart transportation
Didi establishes AI Labs for development of smart transportation

Didi Chuxing, Chinese ride-hailing giant, has set up Artificial Intelligence Labs (AI Labs) in Beijing to scale up study in forward-looking artificial intelligence technology and push the frontiers of global smart transportation technology.

Jan. 29 , 2018
FAW Car turns losses into profits with net profit over RMB 260 million in 2017
FAW Car turns losses into profits with net profit over RMB 260 million in 2017

FAW Car turned losses into gains in 2017 with expected net profit attributable to shareholders of listed companies ranging between RMB 260 million and RMB 320 million.

Jan. 29 , 2018
Cadillac aims to sell 200,000 vehicles in China 2018
Cadillac aims to sell 200,000 vehicles in China 2018

Cadillac plans to sell 200,000 vehicles in China this year with a predictable year-on-year annual sales growth of 15.6%, according to Cadillac president Johan de Nysschen's.

Jan. 26 , 2018
Singulato Motors to provide more value-added services in autonomous driving area
Singulato Motors to provide more value-added services in autonomous driving area

At 2018 Global Autonomous Driving Forum held by Gasgoo, Li Jianpeng, director of autonomous vehicle architecture of Singulato Motors (Singulato), extended the company’s vision to provide more value-added services in autonomous driving area.

Jan. 26 , 2018
Restrictions on commercialization of autonomous driving in China
Restrictions on commercialization of autonomous driving in China

Laws and regulations are crucial to ensure autonomous vehicles’ road testing in real-scenarios. Besides, it is also of great significance to make a systematic integration of funds and resources flooding into the market.

Jan. 26 , 2018