News
BAIC BluePark intends to raise up to 5.5 billion yuan for development of ARCFOX premium models
BAIC BluePark intends to raise up to 5.5 billion yuan for development of ARCFOX premium models

BAIC BluePark intends to raise not more than 5.5 billion yuan ($787,841,450) through a non-public issuance of stocks, some of which are set to be poured in the development of ARCFOX-branded premium vehicle models and relevant network construction.

Aug. 5 , 2020
SAIC Maxus boasts two-digit growth in both July domestic and foreign market sales
SAIC Maxus boasts two-digit growth in both July domestic and foreign market sales

SAIC Maxus Automotive Co., Ltd., an exclusively-invested subsidiary of SAIC Motor, said it sold a total of 11,511 new vehicles in July, which jumped 26.4% from a year earlier.

Aug. 5 , 2020
FAW-Toyota logs 40% year-on-year hike in July sales
FAW-Toyota logs 40% year-on-year hike in July sales

FAW-Toyota announced that its sales in July soared 40% from a year earlier to 79,050 units, which made its year-to-date sales amounted to roughly 430,000 units, a slight increase of 0.8% compared to the year-ago period.

Aug. 4 , 2020
Huawei announces foundation of autonomous driving network lab
Huawei announces foundation of autonomous driving network lab

Huawei has announced the establishment of a joint laboratory focusing on autonomous driving network (AND) at the 2020 Huawei Autonomous Driving Network Technology Summit recently held in Suzhou, Jiangsu province.

Aug. 4 , 2020
NIO delivered 3,533 vehicles in July 2020
NIO delivered 3,533 vehicles in July 2020

NIO delivered 3,533 vehicles in July 2020, representing a robust 322.1% growth year-over-year.

Aug. 3 , 2020