In July, China’s PV sales slid 5.5% to 1.565 million units year on year, according to data from the China Passenger Car Association. After compiling the data, Gasgoo found that the SUV market saw an 8.3% decline on an annual basis.
Aug. 15 , 2018
Chinese Internet titan Baidu Inc will cooperate with China Speech Valley, an industrial park in East China’s Anhui Province, focusing on AI development. Such programs as Baidu autonomous vehicle and Baidu Cloud will be gradually implemented there.
Aug. 15 , 2018
On August 15, Chinese online video service provider LeTV claimed in a statement that it is unaware of Faraday Future (FF)’s long-term strategic planning and the NEV maker’s production and sales goal.
Aug. 15 , 2018
On Aug. 13, GWM signed an investment agreement on complete vehicle joint venture project with Zhangjiagang Municipal Government, signifying that Spotlight Automotive project jointly developed by GWM and BMW officially sited in Zhangjiagang.
Aug. 14 , 2018
Chinese Internet giant Tencent has completed a strategic investment in Shenyang MXNavi Co., Ltd (MXNavi) in recent days, according to local media. Both parties will develop in-depth cooperation in such areas as IoV and automotive navigation.
Aug. 14 , 2018
Automic, a wholly-owned subsidiary of Ford Smart Mobility, and Alibaba Cloud, the cloud computing arm of Alibaba Group, signed a Memorandum of Understanding (MOU) on August 14 to launch the Transportation Mobility Cloud (TMC) in China.
Aug. 14 , 2018