Market & Industry
Beijing Online car-hailing services demand “Beijing Citizen and Beijing License Plates” with a 5-month transition period
Beijing Online car-hailing services demand “Beijing Citizen and Beijing License Plates” with a 5-month transition period

Yesterday, Beijing City released Plan of deepening reform and promoting the healthy developments of taxi industry by the General Office of the People’s Government of Beijing Municipality.

Dec. 23 , 2016
ZTE Invest 14.6 Billion Yuan Join the Auto Market
ZTE Invest 14.6 Billion Yuan Join the Auto Market

ZTE will center on research and development, design, and manufacturing. It will create a new industry sector by focusing on car networking applications, big data, automatic driving, and development, construction and operation of computing centers .

Dec. 23 , 2016
General Manager of Cowin Auto jump to Hawtai Motor; Cowin is to be merged into Chery
General Manager of Cowin Auto jump to Hawtai Motor; Cowin is to be merged into Chery

Mr. Zhen Zhaorui, previous general manager of Cowin, has joined in Hawtai Motor to be chairman of Hawtai’s new energy company, and took charge of the management and operation of Tianjin Hawtai new energy auto group.

Dec. 23 , 2016
United rules for driverless car eyed
United rules for driverless car eyed

CHINA will revisit in 2018 the standards for vehicle-to-vehicle communication that are vital for driverless cars and lay out a common national standard after that, the chief of the Society of Automotive Engineers of China (SAE-China) said yesterday.

Dec. 22 , 2016
VW seals US$1b agreement to settle claims in diesel case
VW seals US$1b agreement to settle claims in diesel case

VOLKSWAGEN AG has agreed to a US$1 billion settlement to fix or buy back another 80,000 polluting diesel vehicles sold in the United States as the German automaker took new steps to put its emissions cheating scandal behind it.

Dec. 22 , 2016
Volvo Cars’preference shares sale a step toward listing
Volvo Cars’preference shares sale a step toward listing

GEELY’S Volvo Cars has raised 5 billion Swedish crowns (US$532 million) from a group of Swedish institutional investors in a step toward a listing of the Chinese-owned company.

Dec. 22 , 2016