News
CATL H1 revenue soars 48.69% year on year to RMB 9.36 billion
CATL H1 revenue soars 48.69% year on year to RMB 9.36 billion

China battery giant CATL announced on Aug. 23 that its revenue in the first half of 2018 soared 48.69% over the previous year to RMB 9.3595807 billion.

Aug. 27 , 2018
Waymo said to set up wholly-owned autonomous driving subsidiary in Shanghai
Waymo said to set up wholly-owned autonomous driving subsidiary in Shanghai

Waymo probably has set up a subsidiary in Shanghai, the latest sign of attempts by Alphabet-owned self-driving car company to step into Chinese market.

Aug. 24 , 2018
Changan Automobile, Baidu bolster cooperation in autonomous driving
Changan Automobile, Baidu bolster cooperation in autonomous driving

Changan Automobile and Baidu signed a strategic cooperation agreement on August 23 to jointly develop autonomous vehicles and IoV (Internet of Vehicles) businesses, according to local media.

Aug. 24 , 2018
Sokon approves proposal of equity incentive in subsidiary
Sokon approves proposal of equity incentive in subsidiary

Chongqing Sokon Industry Group Stock Co., Ltd (Sokon) announced on Aug. 21 that the board of directors approved the proposal on adopting equity incentive for senior executives in its subsidiary, Jinkang New Energy Automotive Co., Ltd.

Aug. 23 , 2018
Lynk & Co 03 PHEV test mule spied on roads
Lynk & Co 03 PHEV test mule spied on roads

The Lynk & Co 03’s plug-in hybrid (PHEV) version was spied on roads recently after its fossil fuel-powered version was unveiled on August 20.

Aug. 23 , 2018
【July, 2018】China Passenger Vehicle Sales Analysis
【July, 2018】China Passenger Vehicle Sales Analysis

Suffering a YoY decline of 5.5%, PV wholesales posted 1.57 mn units in July. And the MoM data also posted a significantly decrease of 14.7%. This caused the YTD growth slow to show only 4.1% YoY.

Aug. 23 , 2018