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Summary of Chinese cities issuing licenses for autonomous vehicle road tests
Summary of Chinese cities issuing licenses for autonomous vehicle road tests

Gasgoo summarizes those cities and provinces in China that heretofore have already issued the license plates for autonomous vehicle or ICV (intelligent-connected vehicle) road tests as below.

May 8 , 2018
Lifan plans to raise RMB 2.48 billion in NEV segment
Lifan plans to raise RMB 2.48 billion in NEV segment

On May 6, Lifan Motors revealed its plan to issue no more than 261 million non-public stock shares to less than ten specified investors, aiming to raise a total of RMB 2.48 billion for the development of NEVs.

May 8 , 2018
JAC April PV sales edge up 6.6% year on year
JAC April PV sales edge up 6.6% year on year

JAC posted passenger vehicle (PV) sales of 18,689 units in April, edging up 6.6% from a year earlier.

May 8 , 2018
Changan Suzuki denies rumor of retreating from China
Changan Suzuki denies rumor of retreating from China

Changan Suzuki clarified that its two parent companies, Changan Auto and Suzuki, have been under a positive discussion in terms of the joint venture’s development.

May 7 , 2018
Changan Russia receives  RMB 250 million investment from Changan
Changan Russia receives RMB 250 million investment from Changan

Changan plans to add RMB 250 million investment in its wholly-owned subsidiary, Changan Russia to meet the subsidiary’s liabilities and supplement its operating funds, according to Changan's statement released on May 7.

May 7 , 2018
Hongqi holds launch event for H5 in Shanghai
Hongqi holds launch event for H5 in Shanghai

After presented the H5, the first model under Hongqi’s new brand strategy at Auto China 2018, FAW Hongqi also held a launch event for the new model, in Shanghai on May 5.

May 7 , 2018