Market & Industry
Murder provokes Didi to revamp services
Murder provokes Didi to revamp services

China’s ride-sharing company Didi Chuxing (hereinafter Didi) will disable all of rating and tagging functions from its hitching service, the company announced on May 16.

May 18 , 2018
Donfeng Honda to recall over 130 thousand 1.5T CR-Vs
Donfeng Honda to recall over 130 thousand 1.5T CR-Vs

The Sino-Japanese automaker Dongfeng Honda filed a plan to China’s State Administration for Market Regulation to recall a total of 130,455 CR-Vs equipped with a 1.5-litre turbo engine.

May 17 , 2018
Updating of Chinese self-driving startups financing in 2018
Updating of Chinese self-driving startups financing in 2018

Gasgoo summarized some financing cases in China’s self-driving area that were announced so far this year as below.

May 17 , 2018
Liuzhou Wuling intends to acquire Yema Auto
Liuzhou Wuling intends to acquire Yema Auto

Guangxi Automobile Group Co., Ltd., whose former name is Liuzhou Wuling Automobile Industry Co., Ltd. (Liuzhou Wuling), and Fulin Industrial Group Co., Ltd. (Fulin Group), parent company of Yema Auto, signed a letter of intent on May 9.

May 16 , 2018
Beijing gets largest BMW R&D center outside of Germany
Beijing gets largest BMW R&D center outside of Germany

German luxury vehicle brand BMW officially opened a R&D center in Beijing on May 15. This is the third BMW’s R&D center in China, also the company’s largest R&D center aside from its German headquarter.

May 15 , 2018
Beijing Benz to roll out 4 EQ all-electric models
Beijing Benz to roll out 4 EQ all-electric models

Beijing Benz will manufacture Benz’s electric vehicle (EV) model in the BAIC’s plant in Shunyi district of Beijing (hereinafter, Shunyi plant), which was used to manufacture the models under BAIC Senova, according to local media.

May 15 , 2018