Market & Industry
TOP 10 PV Automakers of October
TOP 10 PV Automakers of October

the wholesales of China passenger vehicles reached 2,316,035 units in October, with a year-on-year growth of 0.2 percent and a month-on-month increase of 0.6 percent.

Nov. 9 , 2017
Baidu, Tencent compete to be lead investor of WM Motor
Baidu, Tencent compete to be lead investor of WM Motor

WM Motor is plannning a financing round for 1billion yuan. This round of financing is led by Baidu and Tencent is striving to be another leading investor.

Nov. 8 , 2017
Zotye, Ford set up RMB 5 billion joint venture in China
Zotye, Ford set up RMB 5 billion joint venture in China

Today, Zotye signed a definitive agreement with Ford to set up a 50:50 joint venture in China.

Nov. 8 , 2017
Tencent releases connected vehicle ecosystem AI in Car
Tencent releases connected vehicle ecosystem AI in Car

Tencent officially released its connected vehicle ecosystem named AI in Car and announced the first OEM partners of this ecosystem.

Nov. 8 , 2017
Geely invests RMB 1.833 billion to acquire 3 companies
Geely invests RMB 1.833 billion to acquire 3 companies

Geely invests RMB 1.833 billion to acquire 3 companies to expand its production capacity of engines and transmissions.

Nov. 8 , 2017
Mobike marches into car-sharing market with possible new name “Mocar”
Mobike marches into car-sharing market with possible new name “Mocar”

Recently, Mobike signs agreement with Guizhou Xinte Electric Motor to conduct cooperation in customized sharing vehicles, E-electric vehicles, constructing sharing platforms for intelligent electric vehicles, etc.

Nov. 7 , 2017