The first platform, on which technology for launching vehicles may be shared among automakers in China, debuted on the Silicon Valley Innovation and Entrepreneurship Forum and Global Industrial Internet Conference (short for SVIEF), held in Beijing on July 16.

Liu Yan, COO of Volvo China Sales Company submitted her official resignation on July 11th, after President and CEO Fu Qiang, who left Volvo China on May 16th. Reporters learn that during their four-year cooperation period, Volvo’s annual sales volume has increased from 40,000 units to 80,000 units in China. However, the annual target of 100,000 units has not achieved, which will be a test stone for the replacer, Chen Lizhe and his team.

BAIC Motor, one of leading automakers in the Chinese market, may reportedly invest RMB 3.6 billion yuan on establishment of a new factory with an area of 2,000 acre in south-west China.