News
Geely-backed Terrafugia unveils prototype of TF-2A air taxi
Geely-backed Terrafugia unveils prototype of TF-2A air taxi

Terrafugia, a flying car developer owned by Geely Technology Group, unveiled on June 22 the appearance of the TF-2A’s prototype and said the aircraft’s full-scale vehicle will be launched before long.

Jun. 23 , 2020
China to speed up ICV development, MIIT
China to speed up ICV development, MIIT

China will move faster to foster the development of ICV (intelligent-connected vehicle) industry, speeding up the cross-sector integration for ICV businesses and improving the smart transportation infrastructures, said MIIT.

Jun. 23 , 2020
BAIC Group, DiDi expand cooperation to high-level autonomous car R&D
BAIC Group, DiDi expand cooperation to high-level autonomous car R&D

BAIC Group and Didi Chuxing (DiDi)’s autonomous driving subsidiary signed on June 19 a framework agreement to have an in-depth cooperation on fields of automobile, AI and car sharing, according to a post on BAIC’s WeChat account.

Jun. 22 , 2020
Chongqing Changan’s parent names new chairman
Chongqing Changan’s parent names new chairman

China South Industries Group Corporation (CSGC) has named Xu Xianping as Chairman and Secretary of the Party Leading Group of CSGC.

Jun. 19 , 2020
Geely's spokesman denies Geely's acquistion of Chongqing Lifan Holdings
Geely's spokesman denies Geely's acquistion of Chongqing Lifan Holdings

Yang Xueliang, the spokesman of Zhejiang Geely Holding Group, denied the rumor which said the group is going to plans to become the top shareholder of Chongqing Lifan Holdings Ltd.

Jun. 19 , 2020
BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds
BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds

BAIC BJEV, BAIC Group’s NEV arm, plans to publicly issue corporate bonds with a principal amounting to not more than 3 billion yuan ($423,268,500), according to its parent company BAIC BluePark New Energy Technology Co.,Ltd.

Jun. 19 , 2020