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  • Alibaba-backed
    Alibaba-backed Banma raises over RMB 1.6 billion in first financing round

    Banma Technologies, a China-based Internet car solution provider, announced on September 13 that it has raised over RMB 1.6 billion in the first financing round, which was led by SDIC Fund Management ...

    Sept. 13 , 2018

    • BYD,
      BYD, Baidu step up cooperation to mass produce autonomous cars within 3 years

      BYD and Baidu cemented their partnership at BYD’s Worldwide Developer Conference on August 9, working together to achieve the volume production of autonomous vehicles over the next three years.

      Sept. 06 , 2018

      • Honda
        Honda aims to boost car-sharing business in China

        Honda is ambitious to boost its car-sharing business in China, seizing the opportunity from the industrial transition in the world’s largest auto market, said Yusuke Hasegawa, executive vice general...

        Sept. 03 , 2018

        • Baidu,
          Baidu, UCAR team up to promote autonomous vehicle commercialization

          Baidu Inc. and UCAR Group, a Chinese app-based chauffeured car services provider, reached a strategic partnership on August 29. Both parties will develop in-depth cooperation in vehicle intelligent co...

          Aug. 30 , 2018

          • Great
            Great Wall Motor releases OLA Sharing to tap into sharing market

            In order to transform from a traditional auto manufacturer to a mobility service provider, Great Wall Motor (GWM) launched its mobility brand called "ORA Mobility" recently.

            Aug. 22 , 2018

            • Baidu
              Baidu to bring autonomous vehicles to Anhui-based China Speech Valley

              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...

              Aug. 15 , 2018

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