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China NEV ownership reaches 1.99 million units in H1
China NEV ownership reaches 1.99 million units in H1

By the end of June, China’s NEV parc totaled 1.99 million units, according to the data released by the Traffic Management Bureau of the Ministry of Public Security.

Jul. 24 , 2018
Baidu IDL scientist Xu Wei joins Horizon Robotics as chief scientist of General AI lab
Baidu IDL scientist Xu Wei joins Horizon Robotics as chief scientist of General AI lab

Xu Wei, a prominent scientist of Baidu’s Institute of Deep Learning, announced on July 24 that he has joined Chinese AI startup Horizon Robotics as chief scientist of the General AI lab that will be built in Silicon Valley under Xu’s leadership.

Jul. 24 , 2018
DearCC closes RMB 2 bln pre-A round funding
DearCC closes RMB 2 bln pre-A round funding

DearCC, China’s EV startup, announced that it has closed RMB 2 billion pre-A funding round in the first half of 2018, and started to raise Series A funding round.

Jul. 24 , 2018
Dongfeng Honda unveils new brand strategy, to launch first BEV model in 2019
Dongfeng Honda unveils new brand strategy, to launch first BEV model in 2019

Dongfeng Honda unveiled its new brand strategy dubbed “better technology, more fashionable design, more amenities” on July 22 and announced that the mass-produced vehicle model of the INSPIRE under the new strategy will hit the market in October.

Jul. 23 , 2018
Beijing Benz to expand production to manufacture pure electric Mercedes-Benz models
Beijing Benz to expand production to manufacture pure electric Mercedes-Benz models

Beijing Benz Automotive Co., Ltd. (BBAC), a JV co-invested by BAIC Motor, Daimler AG and Daimler Greater China Ltd. (DGRC), recently has finished the filings of three projects.

Jul. 23 , 2018
Top 10 luxury car brands by June sales in China
Top 10 luxury car brands by June sales in China

Gasgoo compiled the top 10 luxury car brands by June sales in China hereinafter. With respect to the sales for the first half of 2018, apart from Porsche and Infiniti, the other brands all attained growth over the performance of the year-ago period.

Jul. 23 , 2018