China Association of Automotive Manufacturers (CAAM) predicted that 2018 automobile sales will have a year-on-year growth of 3% with an annual sales volume of 29.87 million units.
Dec. 21 , 2017
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
As the champion on the SUV sales list for nearly 60 months, Haval H6 can be said to be the king in the field of SUV. However, the Baojun 530, a new SUV under Baojun marque owned by SAIC-GM-Wuling, may threaten its leading position.
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