News
Huawei said to merge Smart Car Solutions BU, Consumer BG
Huawei said to merge Smart Car Solutions BU, Consumer BG

Huawei is merging the businesses of its Consumer Business Group (BG) and Smart Car Solutions Business Unit (BU), and the merger is directed by Yu Chengdong, CEO of Huawei Consumer BG, according to a local media outlet.

Nov. 16 , 2020
Changan, Huawei, CATL to co-launch upmarket car brand
Changan, Huawei, CATL to co-launch upmarket car brand

Changan Auto will join hands with Huawei and CATL to launch an all-new upmarket car brand, and the first model under the brand will soon go into mass production, Zhu Huarong, chairman of Changan Auto, said on Nov. 14.

Nov. 16 , 2020
Li Auto Inc. Announces Unaudited Third Quarter 2020 Financial Results
Li Auto Inc. Announces Unaudited Third Quarter 2020 Financial Results

Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced its unaudited financial results for the third quarter ended September 30, 2020.

Nov. 16 , 2020
Geely’s CV unit to buy 116.3 mln shares issued by Hualing Xingma
Geely’s CV unit to buy 116.3 mln shares issued by Hualing Xingma

Geely Commercial Vehicles Group (GCV) is about to acquire not more than 116.3 million A shares launched by the truck manufacturer Hualing Xingma through a non-public issuance, as part of efforts to strengthen Geely’s offensive in CV area.

Nov. 13 , 2020
20,000th BYD Han EV rolls off production line
20,000th BYD Han EV rolls off production line

The monthly output of the model will soon exceed 10,000 units, according to an executive of the company.

Nov. 13 , 2020
BAIC Group eyes volume production of L4 autonomous driving products by 2025
BAIC Group eyes volume production of L4 autonomous driving products by 2025

China’s state-owned BAIC Group will strive to realize the volume production of Level 4 autonomous driving products and ripen the development of Level 5 technologies, Jiang Deyi, chairman of BAIC Group, said at the 2020 WICV.

Nov. 13 , 2020