According to the data released by the China Passenger Car Association (CPCA), China’s PV retail sales reached 1,687,382 units in June, not only edging down 3.1% year on year, but also falling 6.4% month on month.
Jul. 12 , 2018
Geely Auto’s net profit in the first half of 2018 would surge over 50% compared with the corresponding period in 2017, the automaker announced on July 11.
Jul. 12 , 2018
German media reported that BMW will lift its equity to 75% in its JV in China, which is a significant milestone in auto industry and will also exert great influence on the Chinese auto market.
Jul. 12 , 2018
Pony.ai, a Chinese autonomous driving startup, announced on July 11 that the company has closed a $102 million worth of funding round as the second stage of its A round financing.
Jul. 11 , 2018
Volkswagen Group China signed letters of intent with Chinese state-owned automaker FAW Group and China Intelligent and Connected Vehicles (Beijing) Research Institute Co. Ltd on July 10 during the state visit of Chinese Premier Li Keqiang to Belin.
Jul. 11 , 2018
Audi announced on July 10 that it signed a memorandum of understanding (MoU) with Huawei, China’s leading provider of ICT (information and communications technology) infrastructure and smart devices, to develop in-depth cooperation in ICV area
Jul. 11 , 2018