News
Great Wall Motor not rule out buying plant in Western Europe
Great Wall Motor not rule out buying plant in Western Europe

As Great Wall Motor is accelerating its global business layout, it is possible for the automaker to acquire a manufacturing plant in Western Europe, sources inside the company told a local media outlet.

Oct. 12 , 2021
Automotive solution provider Neusoft Reach banks RMB650 million
Automotive solution provider Neusoft Reach banks RMB650 million

China’s software giant, Neusoft, announced an RMB650 million ($101 million) worth of investment received by its subsidiary, Neusoft Reach , completing the branch’s first round of financing for business expansion.

Oct. 12 , 2021
HOZON Auto partners with China’s AI company SenseTime
HOZON Auto partners with China’s AI company SenseTime

HOZON Auto, the Chinese auto startup owning the NEV brand NETA, announced a strategic partnership with SenseTime, China's leading artificial intelligence technology developer for intelligent driving and smart cockpit development.

Oct. 12 , 2021
Tesla sells 56,006 China-made vehicles in September, local sales surging
Tesla sells 56,006 China-made vehicles in September, local sales surging

Among those Shanghai-made Tesla vehicles sold last month, 3,853 vehicles were exported from China to foreign markets, slumping 87.7% from a month ago, while local sales in China surged 304.8% to 52,153 month on month.

Oct. 12 , 2021
China's homegrown PV deliveries in Sept. drop 17.3% year on year
China's homegrown PV deliveries in Sept. drop 17.3% year on year

In September 2021, around 1.606 million locally-produced PVs were handed over to consumers in China, representing a year-on-year drop of 17.3%, while climbing 8.9% month on month, according to the CPCA.

Oct. 12 , 2021
Navigation solution provider NavInfo to make a turnaround in Q3 results
Navigation solution provider NavInfo to make a turnaround in Q3 results

China’s smart mobility solution provider NavInfo is projected to grasp an increase in revenue of the first three quarters this year, with the third quarter’s performance being extra prominent, the company forecasted.

Oct. 12 , 2021