News
Brilliance Auto, BMW seek possibility of co-producing more BMW’s models
Brilliance Auto, BMW seek possibility of co-producing more BMW’s models

Brilliance Auto Group Holdings Co.,Ltd. announced on Feb. 9 it intends to expand the cooperation with BMW to to co-explore the possibility of producing more BMW’s vehicle models in Shenyang.

Feb. 9 , 2021
China’s Pony.ai announces completion of Series C financing worth $367 million
China’s Pony.ai announces completion of Series C financing worth $367 million

Pony.ai, a Chinese autonomous driving startup, announced on Feb. 8 it has bagged $100 million for its Series C+ funding, signifying the completion of its Series C round that raises $367 million in total.

Feb. 8 , 2021
China's homegrown PV retail sales grow 25.6% YoY in Jan. 2021
China's homegrown PV retail sales grow 25.6% YoY in Jan. 2021

In Jan. 2020, around 2.18 million locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) were handed over to consumers in China, representing a year-on-year growth of 25.6%, according to the CPCA.

Feb. 8 , 2021
Why automakers scramble to partner with Huawei?
Why automakers scramble to partner with Huawei?

Automakers scramble to partner with Huawei primarily due to Huawei’s technical advantages in fields like 5G, IoT (Internet of Things) and communications that deeply impress consumers.

Feb. 8 , 2021
Great Wall Motor’s Jan. sales surge 73.2% YoY, while down by 7.39% MoM
Great Wall Motor’s Jan. sales surge 73.2% YoY, while down by 7.39% MoM

Great Wall Motor (GWM), the Chinese largest SUV and pickup manufacturer, saw its monthly auto sales rocket 73.2% over the previous year to 139,012 units in January 2021. However, the Jan. sales were down by 7.39% compared to the previous month.

Feb. 7 , 2021
FAW Group achieves two-digit increase in both Jan. outputs, sales
FAW Group achieves two-digit increase in both Jan. outputs, sales

FAW Group announced its auto sales jumped 18.9% from a year ago to 420,458 units in January 2021, while its outputs leapt 21.6% to 309,077 units.

Feb. 7 , 2021