Market & Industry
Lifan annual sales reaches around 133,000 in 2017
Lifan annual sales reaches around 133,000 in 2017

According to Lifan Industry (Group) Co., Ltd. (Lifan), it sold over 28,000 vehicles in December 2017, soaring 76.4% year on year. Besides, Lifan reached an annual sales volume of around 133,000 units, among which more than 7,000 units of NEVs.

Jan. 16 , 2018
Yudo to build island for driverless vehicles
Yudo to build island for driverless vehicles

It is reported that the municipal government of Putian City, Fujian Province and Yudo New Energy Automobile Co.,Ltd (Yudo) plan to build Meizhou Island into an islet for driverless vehicles running.

Jan. 15 , 2018
Alibaba to head for autonomous driving?
Alibaba to head for autonomous driving?

It is reported that iDST, the algorithm/data R&D team of Alibaba Group, ranked first in three road segmentation missions on KITTI platform, including two missions of particular scenario, UU_ROAD and UMM_ROAD with accuracy rate of 96.06% and 97.70%.

Jan. 15 , 2018
Zotye fails to complete 80% sales target in 2017
Zotye fails to complete 80% sales target in 2017

Zotye Auto released its 2017 sales on Jan.12, showing that the 2017 sales exceeded 300,000 units with a year-on-year drop of 4.8%, far beyond the average YoY sales increase of 1.4% in Chinese passenger vehicle market.

Jan. 12 , 2018
FAW-VW to produce 9 new models in 2018
FAW-VW to produce 9 new models in 2018

January 11, 2018, Liu Yigong, chairman and general-manager of FAW-Volkswagen (FAW-VW) stated that there are 9 new models will be put into production in 2018. The automaker will focus on SUV area and challenge the annual sales target of 2.1 million.

Jan. 12 , 2018
Singulato has 50 intelligent vehicles on production test
Singulato has 50 intelligent vehicles on production test

Recently, Shen Haiyin, founder of Singulato Motors (a Chinese electric vehicle starup, hereinafter, Singulato), revealed its vehicle-making process, capital cooperation and R&D strategy in an interview.

Jan. 12 , 2018