Market & Industry
Guangzhou Automobile Group will increase 15 billion Yuan to improve the ability of independent research
Guangzhou Automobile Group will increase 15 billion Yuan to improve the ability of independent research

Guangzhou Automobile Group made an announcement which showed that the Chinese Commission has approved GAC’ s application for an increase of 15 billion Yuan to mainly improve the product development capabilities of independent brands.

Sep. 1 , 2017
It’s said the Double Credit Policy will be Postponed
It’s said the Double Credit Policy will be Postponed

It’s said the credit policy for alternative energy vehicles will be postponed to implement in the year 2019, and that the proportion in 2019 and 2020 keeps to be 10% and 12% respectively.

Sep. 1 , 2017
Profit of BAIC Group Slumps 59% in the first half of year
Profit of BAIC Group Slumps 59% in the first half of year

BAIC released its 2017 semi-annual performance report showing that the net profit decreases nearly 60% year-on-year in the first half of year, influenced by the RMB 3.3b deficit of Beijing brands and halving sales volume for Beijing Hyundai.

Sep. 1 , 2017
Baidu and JAC Cooperate to Develop Self-piloting Vehicles and Achieve Mass Production in 2019
Baidu and JAC Cooperate to Develop Self-piloting Vehicles and Achieve Mass Production in 2019

JAC Auto delivers 32 JAC Refine S3 to Baidu for the collecting data of high-precision maps on August 29th. It’s revealed for the first time that JAC Auto has become the first batch of partners for Baidu Apollo self-piloting platforms.

Aug. 30 , 2017
Che Yanhua joins in Volvo
Che Yanhua joins in Volvo

Volvo finally confirms the official news that Che Yanhua will join in the company just on the day prior to September 1st.

Aug. 30 , 2017
NIO ES8: Interior Exposed, Expected to Be Delivered to Users Next Year
NIO ES8: Interior Exposed, Expected to Be Delivered to Users Next Year

Recently, we received a group of photos of NIO ES8’s interior. According to previously reports, ES8 is a pure electric SUV, with the maximum mileage of 400km, and is expected to be officially delivered to users next year.

Aug. 30 , 2017