News
Germany-based Ibeo Automotive to supply Great Wall Motor with solid-state LiDAR
Germany-based Ibeo Automotive to supply Great Wall Motor with solid-state LiDAR

On July 30, Germany-based technology company Ibeo Automotive Systems GmbH (Ibeo Automotive) announced that it will supply solid-state LiDAR to Great Wall Motor.

Aug. 3 , 2020
China honored world’s biggest NEV country for fifth year in a row
China honored world’s biggest NEV country for fifth year in a row

China has been honored the world’s largest NEV market in terms of both outputs and sales for the fifth year in a row as of 2019, said Xin Guobin, vice minister of China’s Ministry of Industry and Information Technology (MIIT).

Aug. 3 , 2020
Hongqi’s July sales nearly doubled from year-ago level
Hongqi’s July sales nearly doubled from year-ago level

FAW Group’s Hongqi reported a July sales volume exceeding 17,500 units, which surged 99% over the previous year. For the first seven months, the premium auto brand saw its sales skyrocket 108% year on year to 875,000 units.

Aug. 3 , 2020
Baidu says global first mass-produced AVP autonomous driving computing platform rolls off production line
Baidu says global first mass-produced AVP autonomous driving computing platform rolls off production line

Chinese Internet giant Baidu on July 20 saw the Apollo Computing Unit (ACU), purportedly the global first mass-produced AVP autonomous driving computing platform, roll off the production line at the Wuzhong factory of Flex.

Jul. 31 , 2020
JAC Motors forecasted to suffer net loss of 146 million yuan in first half of 2020
JAC Motors forecasted to suffer net loss of 146 million yuan in first half of 2020

JAC Motors is forecasted to post a net loss attributable to shareholders of 146 million yuan ($20,866,378) for the first half of 2020, a nosedive from the net profit of 125,114,300 yuan ($17,881,386) gained in the year-ago period.

Jul. 31 , 2020
GAC Group, FCA sign MoU to improve joint venture’s operations
GAC Group, FCA sign MoU to improve joint venture’s operations

At this year’s Chengdu Motor Show, GAC Group and FCA Group, two parent companies of the joint venture GAC FCA, signed a memorandum of understanding (MoU) to step up their strategic cooperation in China and explore new collaboration opportunities.

Jul. 31 , 2020