News
China’s NavInfo, Cennavi unveil MineData 3.0 location big data platform
China’s NavInfo, Cennavi unveil MineData 3.0 location big data platform

Chinese navigation service provider NavInfo and its 90%-owned subsidiary Cennavi jointly launched the location big data platform MineData 3.0 on July 25, according to NavInfo.

Jul. 26 , 2019
Tesla Shows Gigafactory 3 With First Set Of Machinery Installed
Tesla Shows Gigafactory 3 With First Set Of Machinery Installed

The image resolution is low, but it shows enough to remain optimistic about the production launch within a few months.

Jul. 26 , 2019
Chery Automobile steps up cooperation in 5G with China Telecom
Chery Automobile steps up cooperation in 5G with China Telecom

Chery Automobile and the Anhui branch of China Telecom, one of China’s three major telecommunication operators, concluded a strategic agreement on July 23 to expand collaboration in 5G field based on their partnership forged in 2016.

Jul. 26 , 2019
China’s Didi valued at $55 billion for smart transportation layout, 137,500 shares to be transferred
China’s Didi valued at $55 billion for smart transportation layout, 137,500 shares to be transferred

Chinese ride-hailing giant Didi Chuxing’s 137,500 shares are to be transferred through public market, according to a statement released on July 12 by Shanghai United Assets and Equity Exchange.

Jul. 25 , 2019
Magna Celebrates the Signing of Its First Complete Vehicle Manufacturing Joint Venture in China
Magna Celebrates the Signing of Its First Complete Vehicle Manufacturing Joint Venture in China

On July 24 Magna, BAIC Group and the Zhenjiang government celebrated the signing of a framework agreement governing their electric vehicle manufacturing joint venture in Zhenjiang, China, which marks another milestone of their continued cooperation.

Jul. 25 , 2019
【June, 2019】China Passenger Vehicle Sales Analysis
【June, 2019】China Passenger Vehicle Sales Analysis

PV wholesales posted 1.68 million units in June 2019, with a YoY decline of 8.1%. The wholesales in H1 2019 totaled 9.93 million units and had a decrease of 14.0% YoY. This result was effected by promotion of CN5 models in key areas.

Jul. 24 , 2019