News
AIWAYS to roll out 15 new models based on MAS platform
AIWAYS to roll out 15 new models based on MAS platform

AIWAYS, one of China’s Internet-based EV startup, released its first A-class pure electric SUV, the U5 ION at its strategy-releasing conference on Apr. 16.

Apr. 17 , 2018
Alibaba confirms development of driverless vehicle technologies
Alibaba confirms development of driverless vehicle technologies

Alibaba is researching and developing L4 (and higher level) driverless vehicle technologies. Meanwhile, some vehicles (reportedly, the Lincoln MKZ refreshed models) have already been tested on roads and dozens of vehicles have been under development.

Apr. 17 , 2018
Sixth automaker partner, Tencent to develop IoV cause with FAW Group
Sixth automaker partner, Tencent to develop IoV cause with FAW Group

On April 15, the Chinese Internet titan Tencent and the state-owned automaker FAW Group signed strategic cooperation framework agreement in the Internet of Vehicles (IoV) area.

Apr. 16 , 2018
EV startup AIWAYS third round financing elevates valuation to RMB 10 billion
EV startup AIWAYS third round financing elevates valuation to RMB 10 billion

The one-year-old electric vehicle (EV) startup AIWAYS has currently completed its third round financing which was led by the strategic investor Shagang Group. A

Apr. 16 , 2018
Geely’s first MPV model exposed to offer PHEV version
Geely’s first MPV model exposed to offer PHEV version

The patent images of Geely’s first MPV model were exposed recently. Coded VF 11, the new model has no formal name yet. It will offer a 1.5T gasoline-powered version and a PHEV version.

Apr. 16 , 2018
China to phase out sales of fossil-fuel vehicles in Hainan, accelerate NEV use
China to phase out sales of fossil-fuel vehicles in Hainan, accelerate NEV use

China aims to gradually phase out sales of fossil-fuel vehicles in Hainan Province, according to local media, citing a governmental guideline on reforming Hainan Province.

Apr. 16 , 2018