Market & Industry
Baidu unveils Pandora, a new multisensor fusion technology
Baidu unveils Pandora, a new multisensor fusion technology

On December 28, 2017, Baidu Apollo and Hesai, a Chinese lidar company, unveiled a developer suite for autonomous driving named Pandora which may accelerate the implementation of autonomous driving vehicles.

Jan. 3 , 2018
Total sales of Roewe, MG exceed 500,000 in 2017
Total sales of Roewe, MG exceed 500,000 in 2017

On Jan 2, SAIC started the construction of the second phase of its Zhengzhou base, which covers 1.06 square meters. The second phase will start to build products under Roewe and MG from 2020 and its annual capacity will be up to 600,000 units.

Jan. 3 , 2018
Dongfeng Renault creates new sales record in 2017
Dongfeng Renault creates new sales record in 2017

According to Dongfeng Renault Automotive Company (Dongfeng Renault), in 2017, two models (all-new Koleos and KADJAR) of this brand sold 72,188 units in total, increased 140% year on year.

Jan. 3 , 2018
Jia Yueting entrusts his wife, brother to settle debt issue
Jia Yueting entrusts his wife, brother to settle debt issue

Jia confirmed in his statement that Faraday Future has made great progress in financing. But he can’t go back to China for the moment, because he was needed to ensure FF 91’s production and on-time delivery.

Jan. 2 , 2018
Dongfeng Honda breaks new sales record in 2017
Dongfeng Honda breaks new sales record in 2017

It is reported that in 2017, the overall annual delivery sales volume of Dongfeng Honda Automobile Co.,Ltd (Dongfeng Honda) reached 727,025 units, up 22% year on year; its wholesales volume increased 25.3% from a year earlier to 714,255 units.

Jan. 2 , 2018
GAC aims to be one of TOP 100 companies in the world by 2027
GAC aims to be one of TOP 100 companies in the world by 2027

The annual production and sale of GAC would increase by 20 percent respectively to 2 million units. The production and sale of the self-owned brands under the group would soar 30 percent to an estimated volume of 500,000 units.

Jan. 2 , 2018